Which of the Following Is the Best Description of an Indorsement

Multiple Choice

Which of the following is the best description of an indorsement?

A) a signature that creates no new legal obligations
B) a signature that often creates potential liability for the indorser
C) a transfer that creates no new legal obligations
D) a signature that creases no potential liability for the indorser, unless the indorsement is a "special" indorsement
E) a payment of an instrument that discharges the liability of the maker or drawer