Multiple Choice
Laurel Speckle received a check from State University.She indorsed the check as follows: "For Deposit only,/s/ Laurel Speckle." Laurel's indorsement is a(n)
A) blank indorsement.
B) special indorsement.
C) restrictive indorsement.
D) improper indorsement.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q35: The evening news was full of stories
Q36: Matt wrote a $500 check to Alistar
Q37: A draft is always a check,but a
Q38: Commercial paper is a contract to pay
Q39: Maia wrote a check which said,"Pay to
Q40: Which statement about notes and drafts is
Q41: Discuss the effect on an instrument of:
Q42: Trisha loaned Brian $600 evidenced by a
Q43: Lucky loses in a high-stakes poker game
Q45: A "holder" of order paper can be