A Full Endorsement on a Check

question 104

Multiple Choice

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.

---

Definitions:

Face Value

The nominal value stated on a financial instrument, such as a bond or stock certificate, representing the amount due at maturity.

Coupon

In finance, a coupon refers to the interest payment received by a bondholder from the bond issuer at specified intervals.

Yield To Maturity

The total return expected on a bond if it is held until its maturity date, considering all interest payments and capital gains or losses.

Market Price

The present market valuation at which an asset or service can be sold or bought.