The Increase in Square Footage in a Retailers Store from 20,000

question 46

Multiple Choice

The increase in square footage in a retailers store from 20,000 square feet to 40,000 square feet is an example of:

• A) form reconfiguration
• B) time reconfiguration
• C) possession reconfiguration
• D) place reconfiguration
• E) expansion

---

Definitions:

Indorsed in Blank

A signature on a negotiable instrument, such as a check or promissory note, without specifying a new owner, making it payable to the bearer.

Payable

Refers to an amount of money that is owed and should be paid, typically within a specific time frame.

Assignee

The individual or entity to whom rights or property are legally transferred.

Negotiable Instrument

A written document guaranteeing the payment of a specific amount of money, either on demand or at a set time, with the payer name either mentioned or implied.