Certification of a Check at the Request of a Holder

question 25

Multiple Choice

Certification of a check at the request of a holder:

• A) releases all prior secondary parties.
• B) releases the drawer but not prior indorsers.
• C) releases prior indorsers, but not the drawer.
• D) does not release all prior secondary parties.

Understand the concept and calculation of intelligence quotient.

Recognize the purposes and ethical considerations of counseling assessments.

Identify historical developments and key figures in the field of psychological testing.

Understand the influence of technology and law on current assessment practices.

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Definitions:

Non-rivalrous

A characteristic of a good whereby one person's use does not diminish the utility or availability of that good for others.

Laissez-faire System

A laissez-faire system is an economic principle advocating minimal government intervention in the operations of free markets and the economic decisions of individuals and businesses.

Market

A market is a platform or environment where buyers and sellers come together to facilitate the exchange of goods, services, or information.

Capital Goods

Long-lasting goods acquired by a business to produce goods or services, as opposed to being sold directly to consumers.