Elise endorses a negotiable instrument she received for painting work she hasn’t yet performed “to the order o?
Elise endorses a negotiable instrument she received for painting work she hasn’t yet performed “to the order of Karen.” Karen takes the instrument for value, in good faith and without notice of any claims or defenses against it. Karen then endorses it and gives it to John. The instrument isn’t yet overdue. Elise, however, hasn’t yet done the painting, and the original issuer refuses to pay John. Discuss the rights of the parties
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Um, Elizabeth, you posted this question in the 'painting' section instead of in the 'law and ethics' category. This happened because you neglected to actually SELECT the category in which you wanted your question to be posted, and so the Yahoo computer chose it for you based on key words.
Try again, and this time select the category in which you think your question should be posted.