ABC Ltd Is Endorsing Its Customer's Cheque with "For Deposit

question 41

Multiple Choice

ABC Ltd is endorsing its customer's cheque with "for deposit only." Which term refers to this type of endorsement?

• A) special endorsement
• B) direct endorsement
• C) blank endorsement
• D) restrictive endorsement

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Definitions:

Stereotypes

Oversimplified generalized ideas about a group of people that may not accurately reflect reality.

Social Identity

The individual's sense of who they are based on their group membership(s), highlighting the importance of societal groups in defining one's self-concept.

Ideal Self

A person's conception of how they would like to be, often serving as a guide for self-improvement or motivation.

Personal Identity

This refers to an individual's conception and expression of their own uniqueness or individuality, as well as the aspects of themselves that persist over time.