Multiple Choice
Which of the following is a special unqualified indorsement?
A) Pay to the order of John Doe,without recourse
B) For deposit only,John Jones
C) Without recourse,Sandra Adams
D) Pay to the order of April Smith
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q43: The fictitious payee rule is based on
Q44: Both negotiable instruments and nonnegotiable undertakings are
Q45: Under the shelter rule,the transferee gets the
Q46: Fraud in the execution of an instrument
Q47: Order paper is negotiated by:<br>A) indorsement alone.<br>B)
Q49: The transfer of a nonnegotiable promise or
Q50: Blane indorsed his paycheck in blank and
Q51: What are the requirements for a transferee
Q52: All of the following are "real defenses"
Q53: An indorsement stating "Pay Paula Hobson only":<br>A)