A Person Who Is in Possession of a Negotiable Instrument

question 31

Multiple Choice

A person who is in possession of a negotiable instrument that is drawn, issued, or indorsed to him or to his order, or to bearer, or in blank is referred to as a(n) ________.

• A) holder
• B) holder in due course
• C) assignor
• D) assignee

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Definitions:

Multiculturalism

A policy or philosophy that recognizes, values, and promotes multiple cultural backgrounds and identities within a society.

Symbolic Ethnicity

A term referring to an ethnic identity that is only expressed on specific occasions and does not significantly impact the individual's daily life, often characteristic of later generations of immigrants.

Scapegoat

An individual or group blamed for wrongdoings, mistakes, or faults of others, often as a means of deflecting responsibility or criticism.

Employment Equity

Policies and practices designed to eliminate discrimination and promote equal opportunity in the workplace for all individuals, regardless of background.