Asked by Heather Jenkins on Jul 21, 2024
Verified
A ________ indorsement contains the signature of the indorser along with words indicating to whom,or to whose order,the instrument is payable.
A) qualified
B) conditional
C) special
D) blank
Special Indorsement
A type of signature on a negotiable instrument that specifies the person to whom the instrument is endorsed.
Indorser
A person who signs a document, typically a negotiable instrument, endorsing it to another party, thereby transferring ownership or confirming its validity.
- Learn about the effectiveness of assorted endorsement types and how they affect the negotiability of instruments.
Verified Answer
SS
Samantha SomaiJul 22, 2024
Final Answer :
C
Explanation :
A special indorsement contains the signature of the indorser along with words indicating to whom,or to whose order,the instrument is payable.
Learning Objectives
- Learn about the effectiveness of assorted endorsement types and how they affect the negotiability of instruments.