Problems and Materials on Commercial Paper |
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Page 61
... indorsement is in blank ( section 3-204 ( 2 ) ) , the indorsee qualifies as a holder because he is " in possession of an instrument indorsed in blank . " If the payee's indorsement is special ( section 3-204 ( 1 ) ) , the indorsee ...
... indorsement is in blank ( section 3-204 ( 2 ) ) , the indorsee qualifies as a holder because he is " in possession of an instrument indorsed in blank . " If the payee's indorsement is special ( section 3-204 ( 1 ) ) , the indorsee ...
Page 126
... indorsement was en- tirely proper . It followed the accepted practice of mailing an instru- ment to another attorney to be signed by that attorney's client and returned pursuant to an escrow arrangement . Neither plaintiffs nor their ...
... indorsement was en- tirely proper . It followed the accepted practice of mailing an instru- ment to another attorney to be signed by that attorney's client and returned pursuant to an escrow arrangement . Neither plaintiffs nor their ...
Page 238
... indorsements is to safeguard against conversion and negotiation to peo- ple who , absent the restrictive indorsements , could take as holders in due course and thus free of the restrictive indorsers ' claims of ownership . Thus the ...
... indorsements is to safeguard against conversion and negotiation to peo- ple who , absent the restrictive indorsements , could take as holders in due course and thus free of the restrictive indorsers ' claims of ownership . Thus the ...
Common terms and phrases
accepted Acme Machine action agent agreement altered amount appeal Arthur Adams assignment authority bank's bill of lading blank Bowl-Mor Byer Byer's cash cashier's check certification charge check drawn check payable checking account Citations omitted claim Clovis collecting bank Commercial Paper Company contract Crest damages delivered deposit Depositary Bank depositor draft drawee bank due course employee facts faith forgery funds Grocery holder in due indorsement Insured Intermediary Bank issued judgment jury liability loan loss ment National Bank negligence negotiable instrument negotiated the check Niederberger Nordstrom notice obligation paid party payee payee's payor bank person Peter Pringle Corporation plaintiff pre-Code presented the check Problem properly provides purchase question Read section reason received recover refused rule Seller signature signed statute stopped payment subsection supra tion took the check transaction transfer trial court Trust Uniform Commercial Code warranties Westmont Worthington Bank