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An Endorsement That Is Followed by a Statement That Restricts

Question 15

Multiple Choice

An endorsement that is followed by a statement that restricts payment, and can be used as a defense for the endorser against the endorsee, is which of the following?


A) Endorsement that prohibits further endorsement.
B) Trust endorsement.
C) Special qualified endorsement.
D) Conditional endorsement.
E) Special unqualified endorsement.

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