A __________ lacks any type of language that seeks to limit the negotiability of an instrument or conditions to its payment or transfer.
A) non-restrictive indorsement
B) horizontal indorsement
C) lateral indorsement
D) restrictive indorsement

Question

Quizplus · Accepted Answer

A non-restrictive indorsement does not contain any language that limits the negotiability of an instrument or conditions to its payment or transfer, allowing the instrument to be transferred freely.

A __________ Lacks Any Type of Language That Seeks to Limit