If a Cheque Is 'Payable to Bearer' This Means the Cheque

question 24

Multiple Choice

If a cheque is 'payable to bearer' this means the cheque:

• A)can be transferred by indorsement.
• B)can be transferred by delivery.
• C)cannot be transferred because of the nemo dat rule.
• D)can be transferred by indorsement and delivery.

---

Definitions:

Day of Jubilee

Historically, the celebration of emancipation from slavery, especially in the context of the American South.

Afterlife

The belief or concept about the continuation of existence of the soul, spirit, or consciousness of a person after physical death, varying significantly across different cultures and religions.

Uncle Tom's Cabin

A novel by Harriet Beecher Stowe published in 1852 that significantly influenced American attitudes toward slavery and contributed to the abolitionist movement.

Harriett Beecher Stowe

An American author and abolitionist, best known for her novel "Uncle Tom's Cabin," which highlighted the harsh realities of slavery and galvanized anti-slavery sentiments before the American Civil War.