Which of the following endorsements includes words specifying the person to whom the endorser makes the check payable?
A) Blank endorsement
B) Restrictive endorsement
C) Special endorsement
D) Qualified endorsement

Question

Quizplus · Accepted Answer

A special endorsement includes words specifying the person to whom the endorser makes the check payable. In a blank endorsement, the payee signs only his or her name. This makes the check payable to the bearer. It is the simplest and most common type of endorsement on personal checks but should be used only when the check is to be cashed or deposited immediately. A restrictive endorsement specifies the purpose of the endorsement. It is used in preparing checks for deposit to the provider's checking account. With a qualified endorsement, the effect of the endorsement is qualified by disclaiming or destroying any future liability of the endorser.

Which of the Following Endorsements Includes Words Specifying the Person