A Blank Indorsement Turns A(n) __________Instrument into A(n) __________ Instrument

question 37

Multiple Choice

A blank indorsement turns a(n) __________instrument into a(n) __________ instrument.

• A) negotiable; non-negotiable
• B) non-negotiable; negotiable
• C) bearer; order
• D) order; bearer

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Definitions:

Political Support

Backing provided to a politician or political party by voters, often reflected through electoral support or public endorsement.

Independent Agencies

Organizations within the federal government that operate independently of the executive departments, often established to regulate and oversee specific aspects of the economy or society.

Pendleton Act

A United States federal law enacted in 1883 which established that government jobs should be awarded based on merit and not political affiliation, leading to the creation of the civil service.

Civil Service System

A merit-based system for managing government employees and their hiring, promotion, and responsibilities, aimed at ensuring a competent and politically neutral workforce.