An endorsement to which words have been added that limit the further endorsement of the instrument, such as "for deposit only," is a:
A) blank endorsement.
B) special endorsement.
C) restrictive endorsement.
D) qualified endorsement.
Correct Answer:
Verified
Q18: An incompetent person who makes, signs, and
Q19: A signature to which words have been
Q20: The Uniform Commercial Code (UCC) specifically provides
Q21: The maker of a note or the
Q22: In order for a person to be
Q24: If a negotiable instrument is not accepted
Q25: Often state statutes expressly declare that commercial
Q26: In order to ensure negotiability, the Uniform
Q27: A person cannot be held liable, even
Q28: Any change made to an instrument that
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