Laura Is in Possession of a Check Which Contains the Following

question 4

Multiple Choice

Laura is in possession of a check which contains the following indorsement, "Sam Smith, without recourse, for collection only." The indorsement would be classified as:

• A) special, qualified, and unrestrictive.
• B) special, unqualified, and restrictive.
• C) blank, unqualified, and unrestrictive.
• D) blank, qualified, and restrictive.

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Definitions:

Email Addresses

A unique identifier for an email account, allowing message sending and receipt.

Social Networking Site

An online platform where individuals can create profiles, share content, and interact with other users.

Online Conversations

Interactive communications between two or more parties over the internet through platforms such as social media, forums, or chat rooms.

Friend List

A feature on social media platforms that allows users to manage and organize contacts they are connected to.