Multiple Choice
The customary manner of disclaiming the indorser's contractual liability is to add which of the following sets of words before or after his signature?
A) Pay to the order of.
B) Without recourse.
C) For deposit only.
D) For collection only.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q2: Revised Article 3 provides that the impostor
Q10: One who is in possession of a
Q10: The impostor rule is an exception to
Q11: A(n) _ is the voluntary transfer to
Q14: Which of the following is required regarding
Q17: Vicki, a bookkeeper for Emilio Enterprises, steals
Q19: Wanda indorsed a check from her cousin by
Q26: Whether a transfer is by assignment or
Q49: The transfer of a nonnegotiable promise or
Q63: The shelter rule did not exist at