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Laura Is in Possession of a Check Which Contains the Following

Question 40

Multiple Choice

Laura is in possession of a check which contains the following indorsement,"Juliet Grant,without recourse,for collection only." The indorsement would be classified as:


A) blank,qualified,and restrictive.
B) blank,unqualified,and unrestrictive.
C) special,unqualified,and restrictive.
D) special,qualified,and unrestrictive.

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