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

question 1

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.When Trey writes "Pay to Trey" above Rollo's signature,the check becomes

• A)a bearer instrument.
• B)an order instrument.
• C)a promissory note.
• D)a nonnegotiable instrument.

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Definitions:

Defense Mechanisms

Psychological strategies used by individuals to cope with reality and maintain self-image, often unconsciously reducing anxiety arising from unacceptable thoughts or feelings.

Expectancy Theory

A theory of motivation that suggests an individual's behavior is determined by their expectations of how their efforts will lead to desired outcomes.

External Locus of Control

The belief that one's life outcomes are majorly influenced by external forces or fate rather than personal efforts.

Internal Sense

An awareness or perception of the internal state of the body, often referred to as interoception.