Multiple Choice
Which of the following types of endorsements' payment depends on the occurrence of an event?
A) qualified endorsement
B) conditional endorsement
C) agency endorsement
D) special endorsement
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q43: In a letter of credit transaction, an
Q44: The common law does not require a
Q45: Which of the following terms refers to
Q46: Both the common law and the ULB
Q47: The person who issues a bill of
Q49: Under the ULB, only banks can become
Q50: What are the rights and responsibilities of
Q51: In a conditional endorsement, no subsequent holder
Q52: According to the fictitious payee rule, when
Q53: Describe the ways in which a bill