Suppose Bad Weather in Florida Unexpectedly Results in a Much

question 86

Multiple Choice

Suppose bad weather in Florida unexpectedly results in a much smaller citrus crop than had been projected. This would cause the ________ labor to pick citrus fruit in Florida to ________.

• A) demand for; increase
• B) demand for; decrease
• C) supply of; increase
• D) supply of; decrease

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Definitions:

Blank Endorsement

An endorsement on a financial instrument with only the signature of the endorser, making it payable to whoever holds the document.

Bearer Paper

An instrument that is not made out to a specific person and can be transferred by possession alone, allowing the holder to claim the rights of the paper.

Unqualified Endorsements

An endorsement on a negotiable instrument, such as a check, without any limitations, allowing for the transfer of rights to another party.

Special

Distinguished or different from what is ordinary or usual, often implying superiority or a specific purpose.