Hamid Has a Check Indorsed "Pay to the Order of Hamid

question 15

Multiple Choice

Hamid has a check indorsed "Pay to the order of Hamid Ali." Hamid gives the check to Yasmin without indorsing it. Which of the following statements is true of this case?

• A) Yasmin is not a holder of the check because she failed to indorse the check.
• B) Yasmin is not a holder of the check because Hamid failed to indorse the check.
• C) Yasmin is a holder of the check because only delivery was necessary to negotiate the check.
• D) Yasmin is a holder of the check because she may supply the missing indorsement herself.

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Definitions:

Delivery Service

A company or business model that transports goods from a point of origin to a predetermined destination for a customer.

Experimental Market

A trial marketplace used for conducting research, where new products or strategies are tested before a full-scale launch.

Micro Market

A small, often specialized segment of a larger market, characterized by specific consumer needs or preferences.

Trial Market

A trial market refers to a test market where new products are introduced on a limited basis to gauge consumer response and viability before a full-scale launch.