Which of the Following Is True for a Qualified Indorsement

question 60

Multiple Choice

Which of the following is true for a qualified indorsement?

• A)An instrument containing a qualified indorsement can only be negotiated once.
• B)An indorsement once qualified will protect all subsequent indorsers.
• C)A qualified indorsement protects only the indorser who wrote the indorsement.
• D)A qualified indorsement obligates the indorser to pay in case the maker defaults.

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Definitions:

Humanistic

A psychological perspective emphasizing the study of the whole person and individual potential and growth.

Is Learned

Refers to behaviors, skills, or information acquired through experience, observation, or instruction, rather than innate.

Unconscious Desires

Wishes or wants that reside within the unconscious mind, often influencing behavior without the individual's aware recognition.

Behavioral Contracting

A therapy technique involving a written agreement between a therapist and client to modify the client's behavior.