Laura Is in Possession of a Check Which Contains the Following

question 40

Multiple Choice

Laura is in possession of a check which contains the following indorsement,"Juliet Grant,without recourse,for collection only." The indorsement would be classified as:

• A) blank,qualified,and restrictive.
• B) blank,unqualified,and unrestrictive.
• C) special,unqualified,and restrictive.
• D) special,qualified,and unrestrictive.

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Definitions:

French Fries

Thin strips of deep-fried potatoes, commonly served as a side dish or snack.

Hamburgers

A popular food item consisting of a cooked patty of ground meat, typically beef, placed inside a sliced bun, often served with condiments and toppings.

Substitutes

are goods or services that can replace each other in use, satisfying similar needs or desires, where an increase in the price of one leads to an increase in demand for the other.

Hot Dogs

A type of cooked sausage, usually grilled or steamed and served in a sliced bun as a sandwich.