An indorsee who does not comply with the instructions of a restrictive indorsement is liable only to the maker for any losses that occur.
Correct Answer:
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Q8: A blank indorsement does not specify a
Q12: Order paper that is indorsed in blank
Q87: To prevent the risk of loss from
Q88: An indorsement that says "without recourse" disclaims
Q89: The words of negotiation,"pay to the order
Q90: A(n)_ takes an instrument free of many
Q92: A special indorsement creates bearer paper.
Q93: Once created,a negotiable instrument can be transferred
Q94: A signature can operate as a valid
Q95: Another term for negotiable instrument is _.
A)
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