An Indorsement That Is Not in the Chain of Title

question 59

Multiple Choice

An indorsement that is not in the chain of title is assumed to be a(n) :

• A) anomalous indorsement.
• B) blank indorsement.
• C) special indorsement.
• D) indorsement in trust.

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Definitions:

Eligible Employee

An employee who meets the criteria set forth by an employer or government to receive benefits or participate in programs.

Cultural Relativism

The principle that an individual's beliefs and activities should be understood by others in terms of that individual's own culture, emphasizing that no culture is superior to another.

Ethical Behavior

Acting in ways consistent with one’s personal values and the commonly held values of the organization and society.

Economic Self-interest

Economic self-interest is the motivation driving individuals or entities to make decisions that result in the greatest personal financial advantage.