True/False
An indorsement in trust creates a trust for the benefit of himself or others.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q6: Whether a transfer is by assignment or
Q7: An allonge is a piece of paper
Q10: Clara, a customer of Community Bank, deposits
Q13: Laura is in possession of a check
Q14: An indorsement which prohibits further transfer is
Q20: "Pay to the order of Jose Dejesus"
Q29: Indorsements with ineffective restrictions include which of
Q31: "Order paper" is negotiated by delivery only.
Q55: An indorsement may be simple or complex.
Q68: The requirements for negotiation are the same