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Business, 11.05.2021 20:20 coopera1744

Jack writes a check for $10,000 made payable to Ken. Ken indorses the check as a blank indorsement. Lisa steals the check from Ken. Lisa then sells the check to Mark for $9,500. Mark did not know or have any reason to know that the check was stolen, nor did he have any notice that it was defective, After Mark presents the check to the bank for payment, what would be true about Jack?

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Jack writes a check for $10,000 made payable to Ken. Ken indorses the check as a blank indorsement....
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