A conditional indorsement on the back of an instrument
A)does not affect the right of an indorsee to enforce the instrument.
B)suspends further negotiation of the instrument until the condition occurs.
C)has the same effect as a conditional promise on the instrument's face.
D)prevents further negotiation of the instrument.

Question

Quizplus · Accepted Answer

A conditional indorsement does not affect the right of an indorsee to enforce the instrument, as the condition relates to the contract between the indorser and the indorsee, not the enforceability of the instrument itself.

A Conditional Indorsement on the Back of an Instrument