Delivery Alone Is Insufficient to Negotiate an Instrument When It

question 68

Multiple Choice

Delivery alone is insufficient to negotiate an instrument when it is payable to:

• A)order and the last indorsement is in blank.
• B)cash and signed by the drawer.
• C)bearer and is not indorsed.
• D)the order of John Jones and is not indorsed.

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Definitions:

Foot-In-The-Door Technique

A persuasive strategy where a smaller request is made first to increase the likelihood of agreement to a larger request later.

Attitude

A predisposition in one's mindset to appraise an entity positively or negatively, indicating favoritism or antipathy.

Behavior

Behavior refers to the actions or reactions of an organism, usually in relation to its environment, which can be observable or measurable.

Milgram's Obedience Experiment

A psychological experiment conducted by Stanley Milgram which measured the willingness of participants to obey an authority figure who instructed them to perform acts conflicting with their personal conscience.