Diana and Kim are roommates in college and Diana owes Kim for last month's rent.When Diana receives a check from her mother for the rent,what type of endorsement should Diana use to sign this check over to Kim?

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Quizplus · Accepted Answer

A special endorsement is used when the payee wants to sign the check over to someone else. In this case, Diana wants to sign the check over to Kim. Therefore, a special endorsement is the best choice. A blank endorsement simply requires the signature of the payee, which doesn't serve Diana's purpose. A restrictive endorsement would limit how the check can be used, which also doesn't help Diana transfer the payment to Kim. A trailing endorsement is not a valid endorsement type.

Diana and Kim Are Roommates in College and Diana Owes