James wants to indorse a check to Janice, but wishes to rid himself from all further liabilities. Which of the following types of indorsements is James likely to use in this case?
A) Special indorsement
B) Blank indorsement
C) Restrictive indorsement
D) Qualified indorsement
Correct Answer:
Verified
Q1: A special endorsement is one having no
Q3: A qualified indorsermakes no warranties regarding the
Q4: The trailing edge is the right side
Q5: For what does an indorser of a
Q6: Which of the following best describes a
Q7: An instrument made payable to more than
Q8: The Uniform Commercial Code does not require
Q9: Delivery of a bearer instrument is sufficient
Q10: Where should a check be indorsed?
A)on the
Q11: Parties can be discharged from an obligation
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