Which of the Following Is an Important Characteristic of a Leader

question 55

Multiple Choice

Which of the following is an important characteristic of a leader?

• A) Goal-oriented
• B) Satisfied with the status quo
• C) Reactive
• D) Focused on past performance

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Definitions:

Special Indorsement

A type of signature on a negotiable instrument that specifies the person to whom the instrument is endorsed.

Indorser

A person who signs a document, typically a negotiable instrument, endorsing it to another party, thereby transferring ownership or confirming its validity.

Holder In Due Course

A legal status given to a person who has acquired a negotiable instrument in good faith and for value, affording them certain rights free of defenses.

Negotiable Instrument

A written document guaranteeing the payment of a specific sum of money to a person or entity, with the ability to be transferred to another holder.