If Jonathan Indorses an Instrument in Blank and Gives It

question 40

Multiple Choice

If Jonathan indorses an instrument in blank and gives it to Lily, she _____.

• A) must indorse it before it can be negotiated further
• B) may negotiate it without indorsing it
• C) cannot convert the blank indorsement to a special one
• D) is not liable even if she indorses it as it was given to her by Jonathan

---

Definitions:

Structured Analysis

A systematic method used in software engineering for converting specified requirements into detailed plans for software design.

Risk Event

An occurrence or situation that has the potential to adversely impact a project's objectives, timelines, or resources.

Known Risks

Risks that have been identified and analyzed, allowing for planned responses.

External Complexity

Refers to the conditions and variables outside an organization that affect its operations and success.