If an indorser merely signs his name and does not specify to whom the instrument is payable, he has made a constructive indorsement.

Question

Quizplus · Accepted Answer

An indorser who merely signs their name without specifying to whom the instrument is payable has made a "blank endorsement," not a constructive endorsement. A blank endorsement makes the instrument payable to the bearer and can be negotiated by mere possession.

If an Indorser Merely Signs His Name and Does Not