A ________ May Read "For Deposit Only to the Account

question 22

Multiple Choice

A ________ may read "For deposit only to the account of [the name of the person or business]," which allows the check to be deposited only in the account of that individual or company.

• A)restrictive endorsement
• B)raised check
• C)blanket endorsement
• D)rubber-stamp endorsement

---

Definitions:

Nation'S Currency

The legal tender issued by a country's central bank or government, serving as the medium of exchange within the country.

Exports And Imports

Goods and services sold to other countries (exports) and goods and services purchased from other countries (imports).

Net Transfers

The difference between the total amounts of transfers received and the total amounts of transfers paid out by an individual, household, or country.

Balance Of Payments

An accounting record of all monetary transactions between a country and the rest of the world over a specific time period.