A Check Was Indorsed as Follows

question 11

Multiple Choice

A check was indorsed as follows:
Jessica Hall
without recourse
Paul Samuels
Collection guaranteed
Melissa Liston

Which of the following will discharge all of the indorsers?

• A) Notice of dishonor.
• B) The “without recourse” indorsement within the chain.
• C) Insolvency of drawer.
• D) Certification of the check.

Recognize the criteria for corporate formation and the consequences of errors in incorporation documents.

Understand and calculate exchange rates and their effects on currency value.

Apply exchange rate calculations to determine the cost of goods in different currencies.

Calculate the percentage increase or decrease in prices or costs.

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Definitions:

Commission On Accreditation Of Allied Health Education Programs

An organization responsible for accrediting educational programs in the allied health professions to ensure they meet specific quality standards.

Registered Medical Assistant

A healthcare professional certified to perform administrative and clinical tasks in support of physicians and other health practitioners in a variety of settings.

American Medical Technologists

An organization that certifies allied health professionals, such as medical technologists, laboratory professionals, and phlebotomists, ensuring they meet competency standards.

Formal Programs

Structured and often institution-based educational or training schemes designed to impart specific knowledge or skills.