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

question 7

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.By writing "Pay to Trey" above Rollo's signature,Trey

• A)avoids the risk of loss from theft of the instrument.
• B)relieves himself from liability on the instrument.
• C)converts the check into a nonnegotiable instrument.
• D)locks the instrument into the bank collection process.

---

Definitions:

Home Depot

A large U.S.-based home improvement retailer that sells tools, construction products, appliances, and services.

Lodge at Vail

Lodge at Vail is a historic luxury hotel located in Vail, Colorado, known for offering upscale accommodations and services to ski enthusiasts and vacationers.

American Management Association

A professional organization dedicated to promoting and enhancing the management skills of individuals and organizations.

Internet and E-mail Use

Internet and E-mail Use within an organization relates to how employees access and utilize the internet and email systems for work-related communication and tasks.