If There Is No Room on an Instrument for an Endorsement

question 26

Multiple Choice

If there is no room on an instrument for an endorsement or if all the room has been taken by previous endorsements, a[n] ______ may be attached.

• A) Acknowledgement.
• B) Blank Endorsement.
• C) Special Endorsement.
• D) Allonge.
• E) None of these. The instrument can no longer be endorsed.

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Definitions:

Stringent Quality

Strict and precise standards and procedures to ensure high quality of products, services, or processes.

Small Quantity

A lesser amount or volume of goods or materials, often contrasting with bulk or large-scale purchases.

Core Competency

A defining strength or advantage of a company, crucial to its success and difficult for competitors to replicate.

Complex Decision

A decision-making process involving multiple factors and stakeholders, requiring a thorough analysis due to its high uncertainty and impact.