A holder can convert a blank indorsement into a _____ indorsement by writing over the signature any terms consistent with the indorsement.
A) qualified
B) collection
C) restrictive
D) partial
E) special
Correct Answer:
Verified
Q17: A note or draft can be payable
Q18: Negotiation can occur only with an order
Q19: The transferor's contract liability is limited.
Q20: A prior party who reacquires an instrument
Q21: Agency indorsements are _.
A) conditional indorsements
B) qualified
Q23: The dichotomy between _ indorsements and _
Q24: Which of the following indorsements converts the
Q25: Katie James indorses her paycheck "for deposit
Q26: _, means that the indorser has no
Q27: Under Article 3, the loss when a
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents