Answers
Is C correct?
No. liable for the entire amount
Could Store skip over C and recover the $900 from B or A?
Yes. Need not go to immediate prior indorser
Assume that Store recovers the $900 from C. May C recover the $900 from B or A?
Yes. Can recover from either
Assume that Store recovers the $900 from C, and C recovers the $900 from A. Can A recover from B?
No. A can’t recover from B because B signed after, not prior
Can A recover from the Drawer?
Yes. Can recover from the Drawer
No. liable for the entire amount
Could Store skip over C and recover the $900 from B or A?
Yes. Need not go to immediate prior indorser
Assume that Store recovers the $900 from C. May C recover the $900 from B or A?
Yes. Can recover from either
Assume that Store recovers the $900 from C, and C recovers the $900 from A. Can A recover from B?
No. A can’t recover from B because B signed after, not prior
Can A recover from the Drawer?
Yes. Can recover from the Drawer