A Payee or Indorsee Whose Name Is Misspelled on an Instrument

question 66

Multiple Choice

A payee or indorsee whose name is misspelled on an instrument

• A)can indorse with the misspelled name, the correct name, or both.
• B)must indorse with the misspelled name.
• C)must indorse with the correct name.
• D)is prevented from negotiating the instrument further.

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Definitions:

Intermodal Perception

The ability to integrate information from multiple sensory modalities, such as sight and sound, to form a unified perception.

Exploratory Forms

Methods or approaches used to investigate, discover, or analyze new information or areas.

Depth Perception

The ability to perceive the distance or three-dimensional characteristics of an object or scene.

Eye Muscles

The muscles that move the eye and control the dilation of the pupil; critical for vision and eye movement.