Which of the Following Is True of a Check Made

question 10

Multiple Choice

Which of the following is true of a check made out to the order of a person?

• A)The drawee can deposit the check after its validity expires.
• B)The drawee can only deposit the check into his own account.
• C)The drawee cannot indorse the check to anyone else.
• D)The drawee can encash the check at the appropriate bank.

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Definitions:

Labor Force

The total number of people who are of working age, being able and willing to work, including those who are employed and those who are seeking employment.

Part-Time Work

Employment with fewer hours per week than a full-time job, often without the same benefits as full-time employment.

Necessities

Basic needs that are essential for human survival and well-being, including food, water, shelter, and clothing.

Interlocking Directorates

The practice of sharing board members among different companies, which can lead to a concentration of power and influence.