The dichotomy between _____ indorsements and _____ indorsements is the indorser's way of indicating how the instrument can be subsequently negotiated: with or without further indorsing.
A) qualified; conditional
B) restrictive; partial
C) conditional; agency
D) blank; special
E) trust; collection
Correct Answer:
Verified
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
Q22: A holder can convert a blank indorsement
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
Q28: What is a blank indorsement?
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