Multiple Choice
A ________ indorsement is one that specifies the purpose of the indorsement or specifies the use to be made of the instrument.
A) conditional
B) qualified
C) restrictive
D) special
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q52: A bank or person who _ an
Q53: If the holder's name on an instrument
Q54: A qualified indorsement is one where the
Q55: In the case in the text Town
Q56: If a person who takes a negotiable
Q58: If an order instrument is transferred without
Q59: A claim in recoupment is a claim
Q60: What section of the UCC defines negotiation
Q61: A promissory note cannot be scanned into
Q62: Which of the following was the court's