Erin indorses a check, "Pay to Farmers Cooperative, Inc., if they deliver the grain by May 1, 2015." This is
A) a blank indorsement.
B) a qualified indorsement.
C) a restrictive indorsement.
D) a special indorsement.
Correct Answer:
Verified
Q6: A restrictive indorsement does not destroy negotiability.
Q19: A holder takes an instrument for value
Q21: Flossie signs a check payable to Glenn
Q22: Baxter obtains a check payable to his
Q23: Edgar possesses a check that is "payable
Q25: Entrepreneur Auto Rentals owes Sole Saver Auto
Q26: Roderick negotiates a bearer instrument to Shauna
Q27: Dirk transfers a note by signing it
Q28: Bowie is a holder of a promissory
Q29: Dane transfers a draft by signing it
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents