Inserting Two Transverse Parallel Lines Across a Cheque Instructs a Financial

question 9

Multiple Choice

Inserting two transverse parallel lines across a cheque instructs a financial institution that:

• A)it is now subject to the nemo dat rule.
• B)it can no longer be indorsed.If the cheque is not endorsed it will be void.
• C)it can be cashed and should not be placed into an account with a financial institution.
• D)it must be paid into an account with a financial institution.

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Definitions:

Lurking Variable

A variable that is not included as an explanatory variable in the analysis but can affect the interpretation of relationships between variables.

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Association

A relationship or connection between two or more variables where changes in one variable correspond with changes in another.

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The commercial transaction of buying and selling ice cream products.