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An Endorsement That Is Followed by a Statement That Restricts

Question 49

Multiple Choice

An endorsement that is followed by a statement that restricts payment,and can be used as a defense for the endorser against the endorsee,is which of the following?


A) Special unqualified endorsement.
B) Special qualified endorsement.
C) Trust endorsement.
D) Endorsement that prohibits further endorsement.
E) Conditional endorsement.

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