Writing the words,"pay to the order of" or "pay to",followed by name of the indorsee and the signature of the indorser on an instrument makes it a ________ indorsement.
A) special
B) restrictive
C) qualified
D) conditional
Correct Answer:
Verified
Q29: A _ check is a check drawn
Q30: A check that a drawee bank guarantees
Q31: To accept a draft,the drawee:
A)need only sign
Q32: Industries Inc.drew a check payable to "Gloria
Q34: Lillian Fey purchases a night table from
Q35: If a bank pays a forged check,it
Q36: An instrument containing an acknowledgment that a
Q37: Brianna repaid a $600 loan to her
Q38: A check indorsed "for deposit only":
A)prevents further
Q47: The words "without recourse" on an indorsement
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