Which of the following is not an example of a restrictive endorsement?
A) The endorsement for deposit or collection only.
B) The endorsement to prohibit further endorsement.
C) The conditional endorsement.
D) The trust endorsement.
E) The endorsement specifying without recourse.

Question

Quizplus · Accepted Answer

The endorsement specifying "without recourse" is a qualified endorsement, not a restrictive one, as it limits the endorser's liability rather than restricting the use of the instrument.

Which of the Following Is Not an Example of a Restrictive