For which of the following types of endorsements is there a difference in endorsee status between the ULB and common law?

Question

Quizplus · Accepted Answer

The ULB recognizes an endorsement prohibiting further endorsement as a restrictive endorsement, which limits the endorsee's ability to transfer or negotiate the instrument further. In contrast, under common law, an endorsement prohibiting further endorsement is treated as a blank endorsement, which confers full negotiability to the instrument. Therefore, there is a difference in endorsee status between the ULB and common law for this type of endorsement.

For Which of the Following Types of Endorsements Is There