Examlex

Solved

David Is a Recovering Alcoholic

question 375

Multiple Choice

David is a recovering alcoholic. He has not had a drink in eight months. David has avoided parties where alcohol is served, found new friends who do not drink and stayed away from bars. Of the strategies listed in your text for breaking a bad habit, David is using the one involving


Definitions:

Indorsement

The act of signing one's name on the back of a check or other negotiable instrument to legally transfer its ownership.

Indorsee

A person to whom a draft, note, or other negotiable instrument is transferred by endorsement.

Indorser

A person who signs a negotiable instrument on the back to endorse it to another entity, transferring ownership.

Conditional Indorsement

An indorsement that makes the rights of the indorsee subject to the happening of a certain event or condition.

Related Questions