One Who Possesses a Cashier's Check Payable to Someone Else

question 79

Multiple Choice

One who possesses a cashier's check payable to someone else is not a(n) ________ even though his name appears on it.

• A) holder
• B) holder in due course
• C) bearer
• D) endorser
• E) possessor

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Definitions:

Alpha Testing

The initial phase of testing a product, typically performed by internal staff, to identify bugs before it is made available for external testing.

Test Model

A representation or prototype created for the purpose of conducting tests to evaluate a concept, process, or the performance of a product under development.

Glow-in-The-Dark

Describes objects or materials designed to emit light in darkness, often used in safety signs, toys, and decorations.

Concept Testing

The process used to evaluate consumer response to a product idea before it is introduced to the market.