3.Â Â Â Â Â Â Â Â Melania K. is in possession of a check signed and issued by Donald T. that says,...

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3.Â Â Â Â Â Â Â Â MelaniaK. is in possession of a check signed and issued by Donald T. thatsays, â€œPay to the order of Melania K. $5,000â€ and a note signed andissued by Donald T. that says, â€œI promise to pay to the order ofMelania K. $5,000,000.â€ What must Melania do to negotiate theseinstruments to her friend Tom and make Tom a holder?
4.Â Â Â Â Â Â Â Â A checkis made payable to the order of Ima Student and has been signedâ€œIma Studentâ€ by Ima on the back. Ima delivers it to her friendMilly. Milly writes the words, â€œPay to Milly Friendâ€ above ImaStudentâ€™s signature on the back. Milly then accidentally loses thecheck and Teacher finds it. Define the categories of indorsementsused on the back of the check and discuss whether there has been anegotiation to Teacher.

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3 In order to negotiate these Instruments to Tom Melania K must Endorse the same in Favour of Tom By writing the words Pay to Tom Handed over to Tom etc Unless the control is See Answer

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