An Indorsement Limiting Payment to a Particular Person Is Effective

question 57

True/False

An indorsement limiting payment to a particular person is effective.

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Definitions:

Learned Behavior

Skills or responses that are acquired through observation, experience, or instruction, rather than being innate or instinctual.

Shyness

A feeling of apprehension, lack of comfort, or awkwardness especially when a person is around other people.

Decreased

To become smaller or less in size, amount, intensity, or degree.

Fluctuated

To change or cause to change position constantly; to vary or oscillate unpredictably.