V. LAW IN THE FINANCIAL MARKETS (Select from the choicesbelow)
A. RELEVANT TERMS
_____46.drawer
_____47.shelter principle
_____48.HDC
_____49.mere holder
_____50.blank indorsement
_____51.qualified indorsement
_____52.fraud in the execution
_____53.fraud in the inducement
_____54.drawee
_____55.payee
_____56.cashier’s check
_____57.certified check
_____58.garnishment
_____59.discharge
_____60.mechanic’s lien
_____61.registration statement
_____62.financing statement
_____63.blue sky laws
_____64.Trustee in Bankruptcy
_____65.SEC
_____66.proxy
_____67.order instrument
_____68.bearer instrument
_____69.Article 9
_____70.Article 3
A. A creditor files this on a debtor’s real property for failure topay for improvements on the real property.
B. A person who takes a negotiable instrument for value, in goodfaith, and without any notice of defect.
C. The party that initiates a draft.
D. Name for a check that the bank draws on itself.
E. An order permitting a creditor to collect a debt by seizing aportion of the debtor’s wages.
F. Document that needs to be filed in order to become a perfectedcreditor.
G. This is the purpose of a bankruptcy proceeding which wouldremove/forgive a person’s debt.
H. The party that is ordered to pay a draft or check.
I. Anyone in possession of a negotiable instrument and is not aHDC.
J. A check that has been accepted in writing by the bank on whichit is drawn.
K. When a person who does not qualify as an HDC but who derives hisor her title through an HDC acquires the rights and privileges ofan HDC.
L. Uniform Commercial Code that deals with negotiableinstruments.
M. Name for state security laws.
N. A person issues a negotiable instrument based on a falsestatement by the other party.
O. Document that must be filed with the SEC before a security isissued.
P. An indorsement that has a signature and the words “withoutrecourse”.
Q. Uniform Commercial Code that deals with securedtransactions.
R. The person being paid funds on a negotiable instrument isreferred to as this.
S. An indorsement of a negotiable instrument that has a meresignature.
T. A negotiable instrument that is payable to an identified personor order.
U. Statement that gives someone the right to vote your stock.
V. When a person is deceived in signing a negotiable instrumentthinking that he is signing something else.
W. Federal Agency that regulates the securities markets.
X. A negotiable instrument that is not payable to a specific personbut payable to bearer or cash.
Y. Government official who performs and administers task in abankruptcy procedure.
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V. LAW IN THE FINANCIAL MARKETS (Select from the choicesbelow)
B. THE LAW
_____71.Chapter 7
_____72.Chapter 13
_____73.Chapter 11
_____74.Rule 10B-5
_____75..Sarbanes Oxley Act
A. Bankruptcy code that allows for partial repayment of debt.
B. Federal law that mandates all financial statements of publiccorporations be certified by their CEOs and CFOs.
C. Federal regulation that seeks to prevent insider trading.
D. Bankruptcy code that allows for complete discharge ofdebt.
E. Bankruptcy code that allows for a reorganization of abusiness.
