Asked by

Bailey Hamil
on Dec 17, 2024

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A full endorsement on a check:

A) is the same as a blank endorsement.
B) can be endorsed only by the person or company named in the original endorsement.
C) is the safest endorsement for businesses.
D) does none of the above.

Full Endorsement

A signature on the back of a negotiable instrument, such as a check, that specifies the person to whom the instrument is to be paid, transferring ownership.

Blank Endorsement

Blank Endorsement is a signature on a financial instrument, such as a check, without designating a payee, making it payable to the bearer.

  • Differentiate the assorted types of endorsements and their influence on check negotiation procedures.
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BT
Brenda TehraniDec 22, 2024
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