On the Back of a Check "Payable to Demos," Demos

question 26

Multiple Choice

On the back of a check "payable to Demos," Demos signs her name and negotiates the item to Ethos. To most effectively avoid a risk of loss from a theft of the check, Ethos should

• A)immediately indorse the check in blank.
• B)make a copy of the check and place it in a secure location.
• C)write, above Demos' signature, "Pay to Ethos."
• D)indorse the check "without recourse."

Describe visual-spatial abilities and factors that may enhance these skills.

Understand the stages in Jean Piaget's cognitive-developmental theory.

Recognize the risks and consequences of substance abuse among adolescents.

Understand the impact of societal and peer influences on adolescent behavior and development.

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Definitions:

Buying Back

The act of a company purchasing its own shares from the marketplace, which can increase the value of remaining shares by reducing the supply.

Property

Assets or possessions, either tangible or intangible, that are owned by individuals or entities, including real estate and personal property.

Fiduciary Duty

A legal obligation of one party to act in the best interest of another. The obligated party is typically someone entrusted with the care of money or property.

Breach of Contract

The violation or failure to perform any term of a contract without a legitimate legal excuse.