A special indorsement does not specify to whom the indorser intends the instrument to be payable.
Correct Answer:
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Q47: If an instrument is payable jointly using
Q48: An indorser is allowed to indorse an
Q49: If an instrument is payable to multiple
Q50: Which of the following is true of
Q51: An indorsement that purports to prohibit further
Q53: An indorsement with just the indorsee's signature
Q54: Unqualified indorsements are considered negotiable instruments.
Q55: A qualified indorsement protects subsequent indorsers from
Q56: A special indorsement is negotiable by indorsement
Q57: Where the name of the payee is
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