If an Instrument Bears a Restrictive Indorsement, Any Further Transfer

question 12

True/False

If an instrument bears a restrictive indorsement, any further transfer or negotiation is effectively barred.

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Definitions:

Contractions

In physiology, the process of muscles becoming tightened or shortened, often referring specifically to the rhythmic tightening of uterine muscles during labor that help to facilitate childbirth.

Birth Canal

The passage comprising the cervix, vagina, and vulva through which a fetus passes during childbirth.

Afterbirth

The placenta and other materials expelled from the uterus following the birth of a baby.

Conceive

To become pregnant or to form a new idea or plan in the mind.