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    Canadian Business and the Law Study Set 3
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    Exam 25: Business and Banking
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    ABC Ltd Is Endorsing Its Customer's Cheque with "For Deposit
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ABC Ltd Is Endorsing Its Customer's Cheque with "For Deposit

Question 41

Question 41

Multiple Choice

ABC Ltd is endorsing its customer's cheque with "for deposit only." Which term refers to this type of endorsement?


A) special endorsement
B) direct endorsement
C) blank endorsement
D) restrictive endorsement

Correct Answer:

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