A Check Was Indorsed as Follows

question 43

Multiple Choice

A check was indorsed as follows:
Which of the following will discharge all of the indorsers?
Jessica Hall
Without recourse
Paul Samuels
Collection guaranteed
Melissa Liston

• A)notice of dishonor after 30 days' time
• B)the "without recourse" indorsement within the chain
• C)insolvency of drawer
• D)certification of the check

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Definitions:

Collective Bargaining

The process of negotiation between employers and a group of employees aimed at agreements to regulate working salaries, working conditions, benefits, and other aspects of workers' compensation and rights.

Unfair Labor Practice

Describes actions by employers or unions that violate workers' rights and labor laws.

Employer's Interference

Refers to actions by an employer that unlawfully disrupt or affect an employee's rights or job performance.

Labor-Management Reporting and Disclosure Act

A U.S. federal law that regulates labor unions' internal affairs and their officials' relationships with employers.