Which of the Following May Endorse an Instrument Made Payable

question 67

Multiple Choice

Which of the following may endorse an instrument made payable to a legal entity such as a partnership?

• A) The managing partner only.
• B) The financial officer only.
• C) The bookkeeper only.
• D) The treasurer only.
• E) Any authorized representative.

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Definitions:

First Items

The initial elements in a series or list, often given special attention due to their primacy position.

Anterograde Amnesia

An inability to form new memories.

New Memories

The process of forming and storing new information in the brain, which can involve converting short-term memories into long-term memories.

Inability

The state of lacking the power, means, or opportunity to accomplish a task or action.