The new Article 3 no longer considers _____ as restrictive indorsements.
A) indorsements for deposit
B) conditional indorsements
C) indorsements directing the indorsee to act for someone else's benefit
D) indorsements for collection
Correct Answer:
Verified
Q22: John received a check from his employer
Q23: Jackie Collins is issued a check payable
Q25: _ is defined to mean "a signature
Q26: Ahmed Cohen received a check for $5,000
Q28: _ indorsements indicate that they are effective
Q29: When a customer deposits a check to
Q30: An instrument that is indorsed with a
Q32: If a check is drawn "Pay to
Q41: Which of the following indorsements is a
Q46: A _ indorsement is one where the
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