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A Check Drawn "Pay to the Order of Shoma Chatterjee

Question 45

Multiple Choice

A check drawn "Pay to the Order of Shoma Chatterjee" is indorsed "Shoma Chatterjee" by Shoma. Given this information, we can conclude that the type of indorsement is _____.


A) special
B) restrictive
C) blank
D) qualified

Correct Answer:

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