Todd indorses a check,"Pay to Interstate Trucking if they deliver the lumber by May 1,2012." This is
A)a blank indorsement.
B)a qualified indorsement.
C)a restrictive indorsement.
D)a special indorsement.

Question

Quizplus · Accepted Answer

This is a restrictive indorsement because it limits the payment to Interstate Trucking only if they deliver the lumber by a certain date.

Todd Indorses a Check,"Pay to Interstate Trucking If They Deliver