Which of the following may endorse an instrument made payable to a legal entity such as a partnership?
A)The bookkeeper only.
B)The managing partner only.
C)Any authorized representative.
D)The financial officer only.
E)The treasurer only.

Question

Quizplus · Accepted Answer

A)Instruments can be made payable to a legal entity.If it is an estate,organization,
partnership,or the like,any authorized representative may endorse it.
B)Instruments can be made payable to a legal entity.If it is an estate,organization,partnership,or the like,any authorized representative may endorse it.
C)Instruments can be made payable to a legal entity.If it is an estate,organization,partnership,or the like,any authorized representative may endorse it.
D)Instruments can be made payable to a legal entity.If it is an estate,organization,partnership,or the like,any authorized representative may endorse it.
E)Instruments can be made payable to a legal entity.If it is an estate,organization,partnership,or the like,any authorized representative may endorse it.

Which of the Following May Endorse an Instrument Made Payable