Paul is the payee on a check. Paul has indorsed the check to Ivan by writing Pay
Question:
Paul is the payee on a check. Paul has indorsed the check to Ivan by writing “Pay to Ivan” and signing “Paul” on the back of the check. This is known as a:
a. Special indorsement.
b. Blank indorsement.
c. Restrictive indorsement.
d. Qualified indorsement.
e. None of the above.
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Related Book For
Business Law And Strategy
ISBN: 9780077614683
1st Edition
Authors: Sean Melvin, David Orozco, F E Guerra Pujol
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