Delivery Alone Is Insufficient to Negotiate an Instrument When It

question 68

Multiple Choice

Delivery alone is insufficient to negotiate an instrument when it is payable to:

• A)order and the last indorsement is in blank.
• B)cash and signed by the drawer.
• C)bearer and is not indorsed.
• D)the order of John Jones and is not indorsed.

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Definitions:

Expectancy Theory

A motivational theory suggesting that an individual's motivation is based on their expectations regarding outcomes of specific behaviors.

Motivation Levels

The intensity, direction, and persistence of effort a person shows in reaching a goal.

Components

The distinct parts or elements that make up a whole system or object.

Equitable

Equitable means characterized by fairness, impartiality, and justice in the way people are treated or decisions are made.