A holder can convert a blank indorsement into a special indorsement by adding his or signature on it.
Correct Answer:
Verified
Q9: An instrument that is payable to a
Q12: Indorsements are required to negotiate bearer papers.
Q21: The good faith test applies to both
Q23: A holder who takes an instrument with
Q42: An instrument containing a qualified indorsement can
Q43: An order paper that is indorsed in
Q51: An indorsement that purports to prohibit further
Q55: A qualified indorsement protects subsequent indorsers from
Q56: A special indorsement is negotiable by indorsement
Q65: A holder in due course is subject
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