If you run out of room on the back of an instrument for indorsements,the instrument may no longer be negotiated and must be cashed.
Correct Answer:
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Q75: An indorsement is the signature of the
Q76: Negotiation is the transfer of commercial paper
Q77: Regardless of whether the instrument involved is
Q78: In an assignment,the assignee cannot receive greater
Q79: When proper negotiation occurs,it is possible for
Q81: A qualified indorsement can be either a
Q82: Kathy endorses a check for which she
Q83: "Pay to Kathy Young" is a restrictive
Q84: When the name of a payee or
Q85: If there is no room on an
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