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An Endorsement That Restricts the Instrument Such That It Must

Question 22

Multiple Choice

An endorsement that restricts the instrument such that it must be collected by a bank for the endorser or for a particular account and cannot be cashed is which of the following?


A) Endorsement for deposit or collection only.
B) Special qualified endorsement.
C) Conditional endorsement.
D) Endorsement that prohibits further endorsement.
E) Trust endorsement.

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