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    Business Law and the Regulation of Business Study Set 2
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    Exam 25: Transfer and Holder in Due Course
  5. Question
    Identify the Type of Indorsement Each of the Following Represents
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Identify the Type of Indorsement Each of the Following Represents

Question 1

Question 1

Essay

Identify the type of indorsement each of the following represents.
a. Pay to Bill, for collection.
b. Pay to the order of The American Bank for deposit only.
c. Pay to Albert, without recourse.
d. John Smith.

Correct Answer:

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