Examlex
Nunn Company reported the following data: What was the current ratio?
Conditional Indorsement
A stipulation placed on a negotiable instrument (like a check) that modifies the way the instrument is to be redeemed.
Blank Indorsement
A signature by the holder on the back of a negotiable instrument, such as a check, without specifying a particular endorsee, allowing any holder to claim the funds.
Special Indorsement
A legal endorsement on a negotiable financial instrument that specifies the person to whom the instrument is payable.
Restrictive
Pertains to conditions or rules that limit or control something, often used in legal and regulatory contexts.
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