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James Wants to Indorse a Check to Janice, but Wishes

Question 2

Multiple Choice

James wants to indorse a check to Janice, but wishes to rid himself from all further liabilities. Which of the following types of indorsements is James likely to use in this case?


A) Special indorsement
B) Blank indorsement
C) Restrictive indorsement
D) Qualified indorsement

Correct Answer:

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