The Holder of an Instrument Wants That Instrument to Be

question 123

Multiple Choice

The holder of an instrument wants that instrument to be paid to a particular person,wants to be sure that the proceeds from the instrument are deposited in that individual's account,and does not want to be liable to that person in the event that the instrument is not paid.What can the holder do to accomplish this?

• A) give a blank, qualified, restrictive indorsement
• B) give a special, qualified, restrictive indorsement
• C) give a special, qualified, unrestrictive indorsement
• D) give a special, qualified, restrictive indorsement, but it will not be possible to require the deposit of the proceeds into a bank account
• E) give a special, qualified, restrictive indorsement, but it will not be possible to eliminate the liability in the event of nonpayment of the instrument

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Definitions:

Self-Efficacy

The belief in one's ability to succeed in specific situations or accomplish a task.

Emotion-Focused

A coping strategy aimed at managing and dealing with the emotional response to a situation rather than attempting to change the situation itself.

Alarm Stage

The initial phase of the stress response in which the body prepares to fight or flee, marked by increased heart rate, energy mobilization, and alertness.

Resistance to Illness

This term refers to the ability of an organism's body to resist or fight off disease and illness, largely governed by the immune system.