Ralph Wants to Transfer an Instrument to Sigrid That Requires

question 1

Multiple Choice

Ralph wants to transfer an instrument to Sigrid that requires Ralph's indorsement, but there is no room on the instrument. Ralph

• A) can attest in writing that he would sign the instrument if possible.
• B) cannot transfer the instrument to Sigrid.
• C) can sign an allonge and affix it to the instrument.
• D) can sign a separate piece of paper and file it for later reference.

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Definitions:

Equity Firm

A company that invests in businesses, typically taking a sizable stake, with the goal of increasing value over time before eventually divesting.

Borrowing

This is the act of obtaining funds from a lender under the agreement to pay back the principal amount along with interest.

Repurchase

The act of buying back goods or securities that were previously sold, often referring to a company buying back its own shares.

Equity Firm

A company that invests its clients' funds in businesses, typically acquiring significant control or full ownership.