Bob signs his name on the back of a cheque he is receiving,indicating a special endorsement to Charles.However,assuming Charles and Bob have never met and do not know one another,Charles is reluctant to purchase that cheque from Bob.If a third party became involved to help bring assurance to the transaction,which of the following statements would most likely be written by the third party?

Question

Quizplus · Accepted Answer

Bob hereby identified is the most likely statement to be written by the third party to help bring assurance to the transaction. This is because it identifies Bob as the person who signed the cheque, which would help to assure Charles that the cheque is valid and that Bob is the rightful owner of the cheque.

Bob Signs His Name on the Back of a Cheque