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Now suppose that you go to
your bank and write a check on your account payable to cash for $500. The teller
gives you the cash without asking you to indorse the check. After you leave, the
teller slips the check into his pocket. Later, the teller delivers it (without
an endorsement) to his friend Carol in payment for a gambling debt. Carol takes
your check to her bank, indorses it, and deposits the money. Discuss whether Carol is a
holder in due course. These two individual
works should each include the following: You may use your text or the
internet as a reference, but remember to cite your sources according to APA
guidelines. For citation guidelines, please refer to the table in
the APA Style section of the syllabus. Requirements: An in-depth submission that
should be free of spelling and grammar errors. An essay containing a
minimum of 200 words. You will be assessed on the
rationale you use in addressing the questions/issue posted, and how well you
justify your argument regarding this issue. Your response must be
thought provoking, have well developed ideas and/or opinions, and should
reference any supporting material from the text, lecture or other sources you
have used to complete the assignment.

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