An Instrument Is Said to "Run" to a Holder If

question 34

Multiple Choice

An instrument is said to "run" to a holder if it contains any of the following attributes, except:

• A) payable to his or her order.
• B) bearer paper.
• C) indorsed to him or her.
• D) universal defenses.

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Definitions:

Sports Mascot

A character or symbol representing a sports team, intended to bring luck and embody the spirit and identity of the team.

Stigma Consciousness

A psychological construct that refers to the extent to which an individual expects to be stereotyped by others.

Group Membership

The act of belonging to a social group, which influences an individual's identity, attitudes, and behaviors.

Majority Group

refers to the segment of a population that constitutes more than half of its entirety or holds a dominant position in a social hierarchy.