When an Instrument Is Indorsed in Blank, It Becomes Payable

question 37

True/False

When an instrument is indorsed in blank, it becomes payable to the bearer and may be transferred by delivery alone.

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Definitions:

Erikson

A psychologist known for his theory on the psychological development of human beings across eight stages of life.

Early Childhood

A critical period of development that spans from birth to approximately eight years old, focusing on physical, cognitive, and social growth.

High Self-Esteem

A positive assessment of one's own worth or abilities; feeling confident and valuable.

Failure

The lack of success in achieving a goal, or the inability to perform a duty or expected action.