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Human reaction time is usually greater than 0.10 s. If your friend holds a ruler between your fingers and releases it without warning, how far can you expect the ruler to fall before you catch it?
Check
A special draft that orders a bank (the drawee) to pay a specified sum of money to the payee from the drawer’s account.
Unqualified
Without any conditions, limitations, or reservations; often referring to an endorsement or opinion that has no restrictions.
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.
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