menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Contemporary Business
  4. Exam
    Exam 20: Creation and Transfer of Negotiable Instruments
  5. Question
    Which Type of Indorsement Indicates That the Proceeds from an Instrument
Solved

Which Type of Indorsement Indicates That the Proceeds from an Instrument

Question 9

Question 9

Multiple Choice

Which type of indorsement indicates that the proceeds from an instrument must be deposited into a bank account?


A) blank
B) institutional
C) restrictive
D) qualified
E) controlling

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q4: Identify the following instrument,identify the role

Q5: A time draft is payable at a

Q6: Determine whether the following instrument is

Q7: The term "instrument" means "negotiable instrument."

Q8: To be unconditional,a promise to pay cannot

Q10: In order to meet the writing requirement

Q11: A(n)_ is a _ draft that arises

Q12: The financial institution upon which a check

Q13: Which of the following is true about

Q14: The signature on a negotiable instrument must

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines