The Transfer of a Negotiable Instrument in Such a Manner

question 70

Multiple Choice

The transfer of a negotiable instrument in such a manner that the transferee becomes a holder is known as:

• A) indorsement.
• B) negotiation.
• C) assignment.
• D) accommodation.

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Definitions:

Mushrooms

Fungi that produce a fruiting body, often umbrella-shaped, which contains spores for reproduction.

Lichens

Symbiotic organisms composed of a fungi and a photosynthetic partner, usually an alga or cyanobacterium, living together in a mutually beneficial relationship.

Yeasts

Yeasts are single-celled fungi that are widely used in food production, especially in baking and brewing, due to their ability to ferment.

Chemoautotroph

An organism that derives its energy from chemicals and synthesizes its own organic compounds from carbon dioxide.