Alexander Schwing indorses his check with his own name and the words "for deposit only." What type of indorsement is this?
A) A blank indorsement
B) A special indorsement
C) An unrestrictive indorsement
D) A blank,restrictive indorsement

Question

Quizplus · Accepted Answer

This is a blank, restrictive indorsement because Alexander Schwing has signed his name (making it a blank indorsement) and added a restriction ("for deposit only") on how the check can be used.

Alexander Schwing Indorses His Check with His Own Name and the Words