An indorsement that contains the signature of the indorser along with the words indicating to whom,or to whose order,the instrument is payable is a __.

Question

Quizplus · Accepted Answer

A special indorsement contains the signature of the indorser along with the words indicating to whom,or to whose order,the instrument is payable.An instrument that is indorsed with a special indorsement remains "order paper." It can be negotiated only with the indorsement of the person specified.

An Indorsement That Contains the Signature of the Indorser Along