Margaret signed the back of her check with the words "pay to the order of Penelope." She used a(n)

Name: Margaret signed the back of her check with the words "pay to the order of Penelope." She used a(n)
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Question

Quizplus · Accepted Answer

Margaret used a special endorsement by signing her name and designating Penelope as the new payee. This type of endorsement allows the check to be transferred to a specific person or entity, and is also known as an endorsement in full.

Margaret Signed the Back of Her Check with the Words