Avril receives a payroll check from Business Solutions, Inc., and indorses it by signing her name on the back of the check. This is
A) a blank indorsement.
B) a qualified indorsement.
C) a restrictive indorsement.
D) a special indorsement.

Question

Avril receives a payroll check from Business Solutions, Inc., and indorses it by signing her name on the back of the check. This is​
A) ​a blank indorsement.
B) ​a qualified indorsement.
C) ​a restrictive indorsement.
D) ​a special indorsement.

Quizplus · Accepted Answer

Avril's indorsement by simply signing her name on the back of the check is a blank indorsement. A blank indorsement is an indorsement that does not specify the indorsee’s name and which makes the instrument payable to the bearer.

Avril Receives a Payroll Check from Business Solutions, Inc