Which of the Following Best Describes a Restrictive Indorsement

question 7

Multiple Choice

Which of the following best describes a restrictive indorsement?

• A)It is an indorsement that has the effect of qualifying, thus limiting, the liability of the indorser.
• B)It is an indorsement that attempts to prevent the use of the instrument for anything except the stated use.
• C)It is an indorsement that designates the particular person to whom payment should be made.
• D)It is an indorsement having no words other than the name of the indorser.

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Definitions:

Institutions Function

Refers to how established organizations or societal systems fulfill their roles or purposes.

Leader

An individual who influences and guides others towards achieving a common goal, often demonstrating qualities such as vision, courage, and integrity.

Personal Traits

Characteristics or qualities that form an individual's distinctive character and influence their behavior and interactions.

Self-confidence

Assurance in one's own abilities, qualities, and judgment.