Across
- 2. movable personal property
- 4. transfer of possession of goods
- 6. ability of an agent to change the legal status of his principal
- 8. a transfer of right to possession and use of goods in return for consideration
- 9. acceptance of a check by a bank
- 11. party who gives an instruction to the receiving bank
- 12. transferee gets rights of transferor
- 15. a drawee's signed commitment to honor the instrument
- 16. refusal to pay or accept an instrument when it becomes due
- 20. total liabilities exceed total value of assets
- 22. one whose existence and identity are known
- 25. person to receive payment by an instrument
- 26. tender must be made at a reasonable time and kept open for a reasonable period of time
- 27. issuer of an order to pay
- 28. contract to hold an offer
- 30. transfer such that transferee becomes a holder
- 32. an assertion of ownership
- 33. request for payment made by the holder of an instrument
- 35. obligation of the seller concerning title, quality, characteristics, or condition of goods
Down
- 1. possessor of an instrument with all necessary indorsements
- 3. negation of a warranty
- 5. no title can be transferred
- 7. warranty by a merchant seller that the goods are fit for their ordinary purpose
- 10. duty owed by principal to pay agent for authorized payments made on principal's behalf
- 13. inability to pay debts in ordinary course of business or as they become due
- 14. person to be paid by the beneficiary bank
- 17. person appointed by agent to perform agent's duties
- 18. one party's putting an end to a contract because of a breach by the other
- 19. preexisting obligation
- 21. person who authorizes another to act on her behalf
- 23. a nonconsensual claim against property
- 24. fulfillment of contractual obligation
- 29. may be made by the individual herself or by her authorized agent
- 31. sender of the first payment
- 34. person authorized to act on another behalf