Which kind of endorsement places a condition on payment?

A) Conditional endorsement.
B) Trust endorsement.
C) Endorsement to prohibit further endorsement.
D) Bearer endorsement.
E) Conditional bearer endorsement.

Conditional Endorsement

An endorsement on a negotiable instrument that imposes conditions on the use or payment of the instrument.

Payment

The transfer of money or goods from one party to another as compensation or for goods and services received.