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arlik [135]
3 years ago
8

Sid Slick represents himself as Richard Rich to Ortie Ozarka. Ortie, believing that Sid was really Richard, gave Sid a check pay

able to Richard's order. Sid endorses the instrument "pay to Art Arbuckle" and gave it to Art. Art gives it to Harry. Is Harry a proper holder of the instrument?
Business
1 answer:
Ganezh [65]3 years ago
5 0

Answer:

Harry is a proper holder of the instrument

Explanation:

Impostor rule is the legal principle which states that an imposter endorsement of a negotiable instrument is not a forgery. The loss falls on the drawer of cheque and not on the third party or the bank that clears it. Art and Harry acted in good faith for the consideration.  Hence, Harry is a proper holder of the instrument as any person in its possession is its holder.

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3 years ago
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One of the benefits of ics is that it provides an orderly, systematic ___________ process.
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The correct answer is planning.

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3 years ago
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The maturity models presented in this chapter all demonstrate that: a. Project management maturity is an ongoing process based o
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a. Project management maturity is an ongoing process based on continuous improvement.

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3 years ago
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It is more convenient to produce the sails in house.

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Giving the following information:

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