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A(n)________ Is an Indorsement That Includes the Notation "Without Recourse

Question 42

Multiple Choice

A(n) ________ is an indorsement that includes the notation "without recourse" or similar language that disclaims liability of the indorser.


A) qualified indorsement
B) unqualified indorsement
C) promissory indorsement
D) competent indorsement

Correct Answer:

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