In the Case of a Check, When the Impostor Rule

question 26

Multiple Choice

In the case of a check, when the impostor rule applies:

• A) the drawer of the check can successfully raise the defense of the forged indorsement.
• B) the forged indorsement is effective to negotiate the instrument.
• C) the forged indorsement is ineffective to negotiate the instrument.
• D) the instrument becomes nonnegotiable.

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Definitions:

Implicit Memory

A form of memory that occurs without conscious retrieval, affecting thoughts and behaviors based on previous experiences unconsciously.

Recognized Quickly

This refers to the ability or process of identifying something without difficulty or delay.

Serve A Badminton Birdie

The action of starting play in a game of badminton by hitting the shuttlecock across the net to the opponent's side under specific rules.

Procedural Memory

A type of long-term memory that involves the recall of how to perform tasks such as walking, talking, or riding a bike.