In the event of a misspelled name,how may the holder endorse the document?
A)Only with the misspelled name.
B)Only with the holder's actual name.
C)With the holder's actual name or the misspelled name,or both.
D)With the holder's actual name or the misspelled name,but not both.
E)With the misspelled name and a written statement attached to the document indicating to any later holder what the correct spelling should have been.

Question

Quizplus · Accepted Answer

One problem with endorsements occurs when a negotiable instrument contains a misspelled name.In the event of a misspelled name,the holder may endorse the document with the misspelled name,the holder's actual name,or both.The typical practice is for the holder to endorse the instrument with the misspelled name followed by the holder's actual name,spelled properly.

In the Event of a Misspelled Name,how May the Holder