Which Type of Check Endorsement Provides Little Protection Because Anyone

question 36

Multiple Choice

Which type of check endorsement provides little protection because anyone who has the check can easily transfer it to another person or cash the check?

• A) blank endorsement
• B) restrictive endorsement
• C) special endorsement
• D) none of the above

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Definitions:

Knowledge Management

The systematic approach to acquiring, organizing, and sharing an organization’s information assets to enhance its performance and competitiveness.

Hard Facts

refers to objective, concrete data or evidence that is not influenced by feelings or opinions.

Really Works

An informal statement used to assert that something is effective or successful in practice.

Portfolio Assets

Diverse holdings or investments owned by an individual or organization, managed collectively to minimize risk and achieve financial goals.