A Transfer of Order Paper

question 71

Multiple Choice

A transfer of order paper:

• A) gives the transferee the specifically enforceable right to have the unqualified indorsement of the transferor,whether the transfer was for value or not.
• B) to a bank,such as the deposit of a check,without an indorsement requires the bank to provide the customer's indorsement.
• C) not for value creates a presumption by the courts that the parties intended to negotiate rather than assign the paper.
• D) for value creates a presumption by the courts that a negotiation was intended by the parties unless the parties have agreed that the transfer is to be an assignment,which requires no indorsement.

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Definitions:

East Asian

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Attitude-change path in which interested people focus on the arguments and respond with favorable thoughts.

Fundamental Attribution Error

The inclination to excessively focus on individual traits while disregarding the influence of the context when evaluating the actions of others.

Motivation

The driving force behind an individual's actions, desires, and needs.