Which of the Following Is True About an Allonge

question 42

Multiple Choice

Which of the following is true about an allonge?

• A) It must contain the name of a payee to be valid.
• B) It must be accepted by the payee to be valid.
• C) It must be affixed to the indorsement.
• D) It must be provided only on demand.

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Definitions:

Inexpensive

Referring to goods, services, or processes that do not require a significant amount of money to purchase or undertake.

John Bowlby

A British psychologist best known for his pioneering work in attachment theory, emphasizing the importance of early emotional bonds between a child and their primary caregiver.

Psychosocial Theory

A framework proposed by Erik Erikson that outlines eight stages of psychological development, focusing on the evolving understanding of the self, relationships, and society throughout the lifespan.

Stage Theory

A theoretical perspective that suggests human development and psychological processes progress through distinct and sequential stages.