
Business Law and the Regulation of Business 11th Edition by Richard Mann, Barry Roberts
Edition 11ISBN: 978-1133587576
Business Law and the Regulation of Business 11th Edition by Richard Mann, Barry Roberts
Edition 11ISBN: 978-1133587576 Exercise 34
For each of the following indorsements indicate (a) the type of indorsement and whether the indorsement is (b) blank or special, (c) restrictive or nonrestrictive, and (d) qualified or unqualified.
a. ''Pay to Monsein without recourse.''
b. ''Pay to Allinore for collection.''
c. ''I hereby assign all my rights, title, and interest in this note to Fullilove in full.''
d. ''Pay to the Southern Trust Company.''
e. ''Pay to the order of the Farmers Bank of Nicholasville for deposit only.''
a. ''Pay to Monsein without recourse.''
b. ''Pay to Allinore for collection.''
c. ''I hereby assign all my rights, title, and interest in this note to Fullilove in full.''
d. ''Pay to the Southern Trust Company.''
e. ''Pay to the order of the Farmers Bank of Nicholasville for deposit only.''
Explanation
Indorsement:
An acceptor signs at the r...
Business Law and the Regulation of Business 11th Edition by Richard Mann, Barry Roberts
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