If an Order Instrument Is Transferred Without Indorsement

question 37

Multiple Choice

If an order instrument is transferred without indorsement:

• A)the instrument has not been negotiated.
• B)the transferee can qualify as a holder.
• C)the transferee has the right to the qualified indorsement of the transferor.
• D)the transferee has none of the rights of the transferor to enforce the instrument.

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Definitions:

Group Characteristics

The properties or attributes that define and distinguish a specific group from others.

Income Inequality

A measure of the uneven distribution of income within a population, highlighting the gap between the richest and the poorest.

Causes

The reasons or explanations for an event or phenomenon, indicating a relationship between actions or occurrences.

Labor Market Discrimination

Practices or biases that result in certain groups of people being treated differently in the labor market, which can impact hiring, salaries, job assignments, and promotions.