An Instrument, Such as a Check, Drawn Payable to an Organization

question 32

Multiple Choice

An instrument, such as a check, drawn payable to an organization

• A)can be negotiated by an authorized representative of the entity.
• B)must be indorsed with a stamped imprint of the name of the entity.
• C)must be converted to a bearer instrument to be negotiated further.
• D)is nonnegotiable.

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Definitions:

Generalized Anxiety Disorder

A mental health condition characterized by persistent and excessive anxiety and worry about various aspects of daily life, often unlinked to any specific cause.

More Intense

Having a greater degree of strength, severity, or concentration for a particular feeling, situation, or characteristic.

Panic Disorder

A psychiatric disorder characterized by sudden and repeated episodes of intense fear accompanied by physical symptoms like chest pain, heart palpitations, or shortness of breath.

Dizzy Spells

Dizzy spells are episodes of dizziness or lightheadedness that can result from a variety of causes, including dehydration, low blood pressure, or inner ear disorders.