B LAW 220 Lecture 10: Business Law notes 10
Document Summary
Chapter 17, 28, 29, 31: holder: person who is the physical holder of the check, could be a check you found, if it is endorsed but made payable to a specific person, you can find it but you would not be a holder, oder paper: if the check is paid to the order of someone it is order paper, so if someone finds that check they cant cash it cause it is not paid to their order, bear paper: a check that has been endorsed in blank.