Fact Pattern 16-1 Nina Obtains a Check Payable to Her Order from Oran

question 34

Multiple Choice

Fact Pattern 16-1
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 16-1.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.

---

Definitions:

TANF

A program funded by the federal government in the United States, Temporary Assistance for Needy Families assists impoverished families in reaching self-reliance.

Foreign-Born

Individuals who were born outside of the country in which they currently live, excluding those who were born to parents stationed abroad as part of diplomatic or military service.

Earmarked Payroll Taxes

Taxes collected for a specific purpose, typically to fund social security and healthcare programs, and directly deducted from an employee's wages.