If an Indorser Merely Signs His Name and Does Not

question 14

True/False

If an indorser merely signs his name and does not specify to whom the instrument is payable, he has made a constructive indorsement.

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Definitions:

Descriptive Case Study

An in-depth investigation and description of a specific case within its real-life context.

Case Studies

Detailed examinations of a single instance or event, typically used to explore complex issues in real-life contexts.

Sensemaking

The process of making sense of or assigning meaning to complex phenomena based on one's experiences, beliefs, and knowledge.