Examlex

Solved

The Two Relatively Flat Areas on the Hypsographic Curve Represent

question 38

Multiple Choice

The two relatively flat areas on the hypsographic curve represent:


Definitions:

Special Indorsement

An endorsement on a negotiable instrument that specifies the person to whom, or to whose order, the instrument can be paid.

Blank Indorsement

A type of endorsement on a negotiable instrument where the endorser does not specify an endorsee, making it payable to the bearer.

Restrictive Indorsement

A limit placed on the use of a check or other negotiable instrument which specifies the conditions under which it can be transferred or paid out.

Bearer Paper

A negotiable instrument or security not registered in the owner's name and thus payable to the holder or presenter.

Related Questions