What Is One of the Consequences of the Canadian Red

question 61

Multiple Choice

What is one of the consequences of the Canadian Red Cross's nonprofit orientation?

• A)The success of the Red Cross cannot be measured in financial terms.
• B)The Red Cross will not make as much money as a profit-oriented firm.
• C)The Red Cross is not expected to be as efficient as a for-profit firm.
• D)The Red Cross's success is based on how much money is donated to it.

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Definitions:

Special Indorsement

A method of endorsing a negotiable instrument, where the endorser specifies the person to whom or to whose order the instrument is payable.

Pay to the Order

A phrase used in cheques or negotiable instruments that specifies the person to whom the payment is to be made.

Indorsements

The act of signing one's name on the back of a negotiable instrument to legally transfer it to another party.

Blanket

In a general context, a large fabric designed for warmth, but in various fields can mean a broad coverage or application of something.