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When Lance Made a Cheque Payable to Giorgio and Handed

Question 16

Multiple Choice

When Lance made a cheque payable to Giorgio and handed it to him,he noticed Giorgio signed his own name on the back of that cheque and indicated the money be paid to Derek Shallins.Which of the following has occurred?


A) A qualified endorsement was created.
B) An invalid cheque was created.
C) A special endorsement was created.
D) A general endorsement was created.
E) A restrictive endorsement was created.

Correct Answer:

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