Which of the following is an example of a restrictive endorsement?
A)"For Deposit Only"
B)the signature of the holder
C) "Pay to the Order of Tevin Washington"
D) "Pay to the Order of Jill Davies, without recourse"

Question

Quizplus · Accepted Answer

A restrictive endorsement, such as "For Deposit Only," limits the use of the check to the specific instruction stated, in this case, depositing the check into an account.

Which of the Following Is an Example of a Restrictive