Ricardo Is the Holder of a Check That Contains the Indorsement

question 14

Multiple Choice

Ricardo is the holder of a check that contains the indorsement "Without Recourse, (signed) Mary Roberts." This indorsement:

• A) makes further indorsement impossible.
• B) requires a special indorsement by the transferee.
• C) limits the liability of Mary Roberts.
• D) limits the liability of all subsequent holders, including Ricardo.

---

Definitions:

Reward Model

A theory or framework that explains how positive outcomes or rewards can drive motivation and behavior.

Personality Traits

Enduring characteristics that describe an individual's behavior consistently across different situations.

Lonely

Experiencing a feeling of sadness or isolation because one has no friends or company.

Reward Model of Liking

A psychological theory suggesting that positive responses and reinforcements from others can lead to preferences and liking for certain stimuli or individuals.