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    Exam 26: Transferability and Holder in Due Course
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    Erin Indorses a Check, "Pay to Farmers Cooperative, Inc
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Erin Indorses a Check, "Pay to Farmers Cooperative, Inc

Question 9

Question 9

Multiple Choice

Erin indorses a check, "Pay to Farmers Cooperative, Inc., if they deliver the grain by May 1, 2015." This is


A) a blank indorsement.
B) a qualified indorsement.
C) a restrictive indorsement.
D) a special indorsement.

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