Delivery Alone Is Insufficient to Negotiate an Instrument When It

question 36

Multiple Choice

Delivery alone is insufficient to negotiate an instrument when it is payable to:

• A) cash and signed by the drawer.
• B) the order of John Jones and is not indorsed.
• C) bearer and is not indorsed.
• D) order and the last indorsement is in blank.

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Definitions:

Development Periods

Distinct phases in the lifespan characterized by unique physical, psychological, or cognitive changes, such as infancy, childhood, adolescence, and adulthood.

Adolescence

The interval of development characterized by psychological and physical transitions, spanning from puberty to the legal age of adulthood.

Middle Childhood

Refers to the developmental stage ranging from approximately six to twelve years of age, marked by significant growth in cognitive, social, and emotional areas.

Biological Processes

Changes in an individual’s body.