Paul is the payee on a check. Paul has indorsed the check to Ivan by writing Pay

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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  answer-question

Business Law And Strategy

ISBN: 9780077614683

1st Edition

Authors: Sean Melvin, David Orozco, F E Guerra Pujol

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