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What Is the Effect of an Unqualified,blank Endorsement

Question 24

Multiple Choice

What is the effect of an unqualified,blank endorsement?


A) It turns an allonge into an endorsement.
B) It turns a blank endorsement into a special endorsement.
C) It turns previous bearer paper into order paper.
D) It turns previous order paper into bearer paper.
E) It turns an endorsement into an allonge.

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