Kellie went to her bank to obtain a certified cheque for $35 000 cash needed to close her house purchase.Kellie endorsed a $20 000 cheque that her mother gave her and requested that the remaining $15 000 be withdrawn from her savings account.Kellie requested that the certified cheque be made payable to "Sheps & Shaps LLP in trust." What types of endorsements were made?
A) restrictive endorsement; certified endorsement
B) endorsement in blank; special endorsement
C) certified endorsement; special endorsement
D) endorsement in blank; restrictive endorsement
Correct Answer:
Verified
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