Multiple Choice
Which of the following indorsements would be considered a nonrestrictive indorsement?
A) pay to the order of Jane Doe
B) pay to Jane Doe only
C) for deposit only
D) pay to Jane Doe, trustee
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q66: A holder of a defective instrument cannot
Q67: If a transferred negotiable instrument fails to
Q68: If an instrument is payable to multiple
Q69: Which of the following indorsements can be
Q70: What is the difference between a holder
Q72: An order paper that is indorsed in
Q73: Indorsements are required to negotiate bearer papers.
Q74: A restrictive indorsement can also be a
Q75: Which of the following can be exchanged
Q76: Which of the following is true of