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