An endorsement "Pay to Donald Hames, Cathy Dukes" is not valid as an endorsement because it does not contain the words "order" or "bearer."
Correct Answer:
Verified
Q5: Order paper can be converted into bearer
Q6: A qualified endorsement qualifies the effect of
Q7: A person who acquires the instrument on
Q9: When a negotiable instrument is transferred by
Q11: A payee or endorsee whose name is
Q12: A restrictive endorsement specifies the purpose of
Q13: A thief or an embezzling officer cannot
Q14: An instrument may be transferred by negotiation
Q14: When a special endorsement is made, the
Q15: A special endorsement consists of the signature
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