Multiple Choice
Which of the following is required regarding indorsements?
A) Indorsements must be made on a separate sheet of paper stapled to the instrument.
B) An indorsement must be written on the back side of the instrument.
C) Indorsements must comply with Federal Reserve Board guidelines in order for the instrument to be negotiable.
D) None of these.
Correct Answer:
Verified
Correct Answer:
Verified
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