Mere signature of the payee on the reverse of the instrument is called ___________endorsement
A)Full
B)Blank
C)Conditional
D)Restrictive

Question

Quizplus · Accepted Answer

A blank endorsement on a financial instrument, such as a check, is simply the signature of the payee written on the back. This type of endorsement makes the instrument payable to the bearer and can be cashed or transferred by anyone who holds it.

Mere Signature of the Payee on the Reverse of the Instrument