Fact Pattern 16-1 Nina Obtains a Check Payable to Her Order from Oran

question 48

Multiple Choice

Fact Pattern 16-1
Nina obtains a check payable to her order from Oran. Nina signs the back and gives the check to Patricia. Patricia writes "Pay to Patricia" above Nina's signature.
-Refer to Fact Pattern 16-1.When Patricia writes "Pay to Patricia" above Nina's signature, Nina's signature becomes​

• A) ​a blank indorsement.
• B) ​a qualified indorsement.
• C) a special indorsement.
• D) ​a forgery.

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Definitions:

Categorical

Pertaining to data that can be divided into specific groups or categories that are qualitatively distinct.

Categorical Variables

Variables that represent categories with qualitative characteristics, such as gender, race, or yes/no responses, and do not inherently carry a numerical value.

Information

Data that have been processed, organized, or structured in a way that adds meaning or value, making it useful for decision-making or analysis.

Quantitative Variables

Variables that can be quantified and measured, having numeric values that represent different magnitudes of the variable.