Multiple Choice
Which of the following written endorsements would be an example of an endorsement prohibiting further endorsement?
A) "Pay to Elaine, without recourse, [signed] John"
B) "For collection only, [signed] John"
C) "Pay to Elaine only, [signed] John"
D) "Pay to Elaine, agent for John [signed] John"
Correct Answer:
Verified
Correct Answer:
Verified
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