Mike receives a payroll check from National Computer Systems,Inc.,and indorses it by signing his name on the back of the check.This is
A)a blank indorsement.
B)a qualified indorsement.
C)a restrictive indorsement.
D)a special indorsement.

Question

Quizplus · Accepted Answer

When Mike indorses the check by simply signing his name on the back, it is considered a blank indorsement. This type of indorsement does not specify a particular person to whom the check is payable and whoever has possession of the check can cash or deposit it.

Mike Receives a Payroll Check from National Computer Systems,Inc