An endorsement that is the endorser's signature followed by a named endorsee, who then becomes the holder of the instrument, is what type of endorsement?
A) Blank unqualified.
B) Special unqualified.
C) Blank qualified.
D) Special qualified.
E) Conditional.

Question

Quizplus · Accepted Answer

A special unqualified endorsement is when the endorser signs their name and specifies a particular endorsee who will become the new holder of the instrument. This contrasts with a blank endorsement, which does not specify the endorsee, allowing any holder to claim the instrument.

An Endorsement That Is the Endorser's Signature Followed by a Named