Which of the following is true of an indorsement to multiple persons using the virgule?

A) it can only be indorsed further with the signature of the drawer
B) neither person can individually negotiate the instrument
C) either person can individually negotiate the instrument
D) such an instrument cannot be subsequently negotiated

C

Business

You might also like to view...

Section 7 of the Clayton Act tries to prevent potentially anticompetitive mergers before they

occur. Indicate whether the statement is true or false

View
Business

Competencies are composed of which of the following?

A. Knowledge B. Abilities C. Skills D. All of the above

View
Business