e. A person who is in possession of an instrument with all necessary indorsements.
f. Signature that specifies no indorsee and may consist of merely the signature of the
indorser or her authorized agent.
g. The person who executes a promissory note and who promises to pay it.
h. A written acknowledgment by a bank of the receipt of money that it promises to
repay on demand or at a stated future date, with interest at a stated rate; a specialized
form of promise to pay money that is given by a bank.
i. A party to whom a draft is directed, and who is requested to pay the amount of money
ordered therein; the bank on which a check is drawn.
j. The person who writes a check or draft; the person on whose account a draft is drawn.
k. A signature that attempts to limit the rights of the indorsee in some fashion.
l. A sender's written, electronic, or oral instruction to a receiving bank to pay, or to
cause another bank to pay, a fixed or determinable amount of money to a beneficiary.
m. The person in whose favor a promissory note or draft is made or drawn.
n. Defenses which are good against holders unless they have rights of holders in due
o. An instrument involving two parties, one of whom promises to pay to the order of the
second a stated sum of money either on demand or at a stated future date.
p. A paper, containing an indorsement, affixed to a negotiable instrument.
q. The transferee of a holder in due course succeeds to the rights of a holder in due
course even if the transferee does not qualify for holder in due course status.
r. The bank in which the payee or holder deposits a check for credit.
s. A bank, other than the depositary or payor bank, involved in the collection process.
t. Legal concept that makes written instruments freely transferable and therefore a
readily accepted form of payment in substitution for money.
1) real defenses
2) special indorsement
3) certificate of deposit
5) blank indorsement