An Unexpected Result of Building the Interstate Highway System Was

question 80

Multiple Choice

An unexpected result of building the interstate highway system was that it

• A) precipitated the decay of American urban areas.
• B) revealed and exaggerated regional differences.
• C) hurt the petroleum industry as Americans traveled less by air and rail.
• D) created a problem in the real estate industry.

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Definitions:

Negotiability

Refers to the feature of a financial instrument which allows it to be transferred from one party to another in a legal manner, typically without endorsement or delivery.

Blank Indorsement

A signature by the holder on the back of a negotiable instrument, such as a check, without specifying a particular endorsee, thereby making the instrument payable to the bearer.

Qualified Indorsement

An indorsement on a negotiable instrument in which the indorser disclaims any contract liability on the instrument; the notation “without recourse” is commonly used to create a qualified indorsement.

Restrictive

Imposing limitations or conditions on use, action, or movement.