Answered
Was the check properly delivered to Brad?
A) Yes, because it was bearer paper, delivery occurred whenever possession was taken.
B) Yes, because it was order paper, delivery occurred whenever possession was taken.
C) Yes, but only because it was thereafter presented to the bank and cashed.
D) Yes, because both Brad and the bank are considered holders in due course.
E) No, because he was not intended to receive it.
On May 14, 2024