Fact Pattern 25-A1 (Questions A5-A8 Apply)

question 39

Multiple Choice

Fact Pattern 25-A1 (Questions A5-A8 apply)
Rollo obtains a check payable to his order from Simone.Rollo signs the back and gives the check to Trey.Trey writes "Pay to Trey" above Rollo's signature.
-Refer to Fact Pattern 25-A1.When Trey writes "Pay to Trey" above Rollo's signature,Rollo's signature becomes

• A)a blank indorsement.
• B)a qualified indorsement.
• C)a special indorsement.
• D)a restrictive indorsement.

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Definitions:

Acceptance Signals

Non-verbal or verbal cues exhibited by potential customers that indicate a willingness or interest in purchasing a product or service.

Planned Presentation

A structured and rehearsed sales pitch designed to guide the customer through the buying process and address anticipated concerns.

Rejection Signals

Indicators that suggest someone is not interested or unwilling to accept an idea or proposal.

Product Prices

The amount of money required to purchase a product, which can vary based on factors like market demand, production costs, and competition.