During the 1600s and 1700s, England Implemented a Form of Punishment

question 25

Multiple Choice

During the 1600s and 1700s, England implemented a form of punishment known as banishment on a widespread scale. During this time, criminals were sent to the American colonies and __________.

• A) India
• B) Egypt
• C) Brazil
• D) Australia

---

Definitions:

Restrictive Indorsement

An indorsement in which words have been added to the signature of the indorser that specify the purpose of the indorsement or the use to be made of the commercial paper, such as “for deposit only.”

Dishonored

Refers to a failure in fulfilling an obligation, such as a check not being paid because of insufficient funds.

Draft

A preliminary version of a document or plan, subject to revisions and improvements.

Blank Indorsement

An indorsement made by a signature alone, with no particular indorsee, written on a negotiable instrument.