A Generalization That We Apply to Persons Because We Perceive

question 35

Short Answer

A generalization that we apply to persons because we perceive them to have attributes common to a particular group is called a _____.

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Definitions:

Post-Dating

Writing a future date on a document or check, thereby delaying its effectiveness or negotiability until that date.

Negotiability

The feature of a financial instrument that allows it to be transferred or assigned from one party to another with the legal ownership and benefits passing to the transferee.

Check

A documented, signed, and dated directive that instructs a bank to pay a predetermined amount of money to the bearer or a specified individual.

Indorsement

A rephrased definition: The act of signing one's name on the back of a negotiable instrument, effectively transferring rights to another party.