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Which of the Following Is True About Dual-Career Couples Vis-à-Vis

question 18

Multiple Choice

Which of the following is true about dual-career couples vis-à-vis dual employed couples?


Definitions:

Forged Indorsement

An unauthorized signature on a negotiable instrument, such as a check, with the intent to fraudulently obtain or transfer money.

Effective Indorsement

A signature on a negotiable instrument, such as a check or promissory note, that transfers the rights in that instrument to another party.

Holder

An individual or entity that legally possesses a negotiable instrument, such as a check or bond, and has the right to collect the value of the instrument.

Blank Indorsements

involves an endorsement on a financial instrument, like a check, that specifies no endorsee, making it payable to the bearer.

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