Multiple Choice
What is the effect of an unqualified, blank endorsement?
A) It turns previous order paper into bearer paper.
B) It turns previous bearer paper into order paper.
C) It turns a blank endorsement into a special endorsement.
D) It turns an allonge into an endorsement.
E) It turns an endorsement into an allonge.
Correct Answer:
Verified
Correct Answer:
Verified
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Q12: Which of the following types of endorsements
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