Which of the Following Is Required Regarding Indorsements

question 7

Multiple Choice

Which of the following is required regarding indorsements?

• A) An indorsement must be written on the back side of the instrument.
• B) There must be compliance with Federal Reserve Board guidelines in order for the instrument to be negotiable.
• C) An indorsement must be written on the instrument or on a paper affixed to the instrument.
• D) An indorsement must be dated.

---

Definitions:

Development

Qualitative or observable aspects of the progressive changes that one makes in adapting to the environment.

Cephalocaudal

A principle of development describing the pattern in which growth occurs from the head downwards through the body.

Proximal-distal

A pattern of development or movement that starts from the center or core of the body and moves outwards to the extremities.

Preschooler

A child typically between the ages of 3 and 5 years old, who is in the developmental stage prior to entering kindergarten.