QUESTION 16 True or False: Adding the words "for deposit only' to an endorsement, makes it a "qualified" endorsement. True False QUESTION 17 True or False: The following item, by itself, would violate a negotiability test: The instrument promises payment of $100 "as per our agreement of 3/2/2020." True False QUESTION 18 True or False: When an instrument that is bearer paper is negotiated just by handing it to the next holder, that is called a "blank" endorsement because nothing is written on the back. O True False QUESTION 19 True or False: If an instrument is made payable to the order of "Ralph Jones and Edna Smith," it must be endorsed by both of them in order to be properly negotiated. O True False