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Indorsements with Ineffective Restrictions Include Which of the Following

Question 44

Multiple Choice

Indorsements with ineffective restrictions include which of the following?


A) The indorser makes the rights of the indorsee subject to the happening or nonhappening of a specified event.
B) An indorsement "For Collection."
C) An indorsement stating "Pay to Melanie for Sharon."
D) An indorsement that says "For deposit only."

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