When an Instrument Is Payable to Joint Payees, the Endorsement

question 68

True/False

When an instrument is payable to joint payees, the endorsement only needs to be by the first payee.

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Definitions:

Overcrowding

A situation where too many people or items are contained within a space designed for significantly fewer, often leading to discomfort and hazards.

Recidivism

The tendency of a convicted criminal to reoffend.

Behavioral Controls

Strategies or mechanisms put in place to guide or modify individual behavior.

Total Institution

A place of residence and work where a large number of like-situated individuals, cut off from the wider community, live in an enclosed formally administered round of life.