Fact Pattern 26-1 Nina Obtains a Check Payable to Her Order from Oran

question 58

Multiple Choice

Fact Pattern 26-1
Nina obtains a check payable to her order from Oran. Nina signs the back and gives the check to Patricia. Patricia writes "Pay to Patricia" above Nina's signature.
-Refer to Fact Pattern 26-1. By writing "Pay to Patricia" above Nina's signature, Patricia​

• A) ​avoids the risk of loss from theft of the instrument.
• B) ​relieves himself from liability on the instrument.
• C) ​converts a legitimate negotiable instrument into a stolen instrument.
• D) ​locks the instrument into the bank collection process.

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Definitions:

Basic Strength

Fundamental virtues or positive traits derived from successfully navigating various stages of psychosocial development.

Intimacy

The close, familiar, and usually affectionate or loving personal relationship with another person or group.

Young Adult Years

A phase of human development that typically spans the late teens through the twenties, characterized by exploration, independence, and laying the foundation for future life paths.

Purpose

An individual's sense of resolve or determination, the intention and aim guiding action or the reason for which something exists or is done.