If Jamie Indorses an Instrument in Blank and Gives It

question 41

Multiple Choice

If Jamie indorses an instrument in blank and gives it to Clare Hill:

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

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A period where all factors of production and costs are variable and no inputs are fixed.

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The condition of being jobless and actively seeking employment, reflecting the number of people in the workforce unable to find jobs.

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