Multiple Choice
An indorsement that contains the signature of an indorser and specifies a person to whom the indorser intends the instrument to be payable is known as a(n) ________.
A) qualified indorsement
B) unqualified indorsement
C) blank indorsement
D) special indorsement
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q6: An instrument that is not payable to
Q26: A(n) _ is a signature and other
Q33: A check is a promise to pay.
Q35: If a trader draws a check for
Q36: The portability requirement is intended to ensure
Q37: A negotiable instrument is subject to normal
Q40: A special form of note created when
Q41: A promissory note is a three-party instrument.
Q42: Which of the following is true about
Q43: A restricted indorsement contains the signature of