Which of the following is an example of restrictive endorsements recognized under Article 3?
A) "Pay to Bruce Zucker in Trust for Jay Zucker."
B) "Pay to Bruce Zucker Only."
C) "Pay to Jay Zucker on the condition that he completes construction of my house by November 1, 2012."
D) "Pay to the order of my account."
Correct Answer:
Verified
Q23: Jackie Collins is issued a check payable
Q28: _ indorsements indicate that they are effective
Q29: When a customer deposits a check to
Q35: When a holder makes a blank indorsement
Q36: Which of the following indorsements is a
Q37: If the holder's name on an instrument
Q39: If an order instrument is transferred without
Q40: The transfer of an instrument:
A)vests in the
Q46: A _ indorsement is one where the
Q46: Ordinary nonphysical and nonviolent duress that causes
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