An Endorsement in Which the Endorser Does Not Guarantee That

question 15

Multiple Choice

An endorsement in which the endorser does not guarantee that an instrument will be accepted and paid by the drawer or maker is referred to as a ________.

• A) conditional endorsement
• B) restrictive endorsement
• C) qualified endorsement
• D) special endorsement

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Definitions:

Dysphasia

A language disorder marked by the impairment of speech comprehension and production, often due to brain injury.

Nontraumatic Subarachnoid Hemorrhage

A form of stroke caused by bleeding into the space surrounding the brain, not due to injury.

Patient Treated

A person who has received medical care or treatment.

Economic Growth

The increase in the inflation-adjusted market value of the goods and services produced by an economy over time, typically measured as the percentage increase in real gross domestic product (GDP).