Which of the following may endorse an instrument made payable to a legal entity such as a partnership?
A) The managing partner only.
B) The financial officer only.
C) The bookkeeper only.
D) The treasurer only.
E) Any authorized representative.

Question

Quizplus · Accepted Answer

Any authorized representative of the legal entity, such as a partnership, can endorse an instrument made payable to that entity. This includes individuals who are given the authority to act on behalf of the entity, such as officers or agents, not just specific roles like managing partner or treasurer.

Which of the Following May Endorse an Instrument Made Payable