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An Endorsement That Restricts the Instrument Such That It Must

Question 32

Multiple Choice

An endorsement that restricts the instrument such that it must be collected by a bank for the endorser or for a particular account and cannot be cashed is which of the following?


A) Conditional endorsement.
B) Trust endorsement.
C) Endorsement for deposit or collection only.
D) Endorsement that prohibits further endorsement.
E) Special qualified endorsement.

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