Where a Cheque Is Made Payable to Lucien Colbert, and on Its

question 27

Multiple Choice

Where a cheque is made payable to Lucien Colbert, and on its reverse are written the words "For deposit only to the credit of L. Colbert,"

• A) the endorsement is a restrictive endorsement.
• B) the endorsement is a special endorsement.
• C) the endorsement is a failure.
• D) the bill can only be cashed.
• E) None of the responses are correct.

---

Definitions:

Environmental Turbulence

The rate and magnitude of change that an organization faces from external sources.

Degree of Richness

The extent to which a medium allows for immediate feedback, conveys multiple cues, and supports the use of natural language.

Degree of Interdependence

The extent to which individuals, groups, or systems rely on each other to function effectively.

Operations Technology

The hardware and software solutions used to optimize and automate business operations.