Which of the Following Is Required Regarding Indorsements

question 42

Multiple Choice

Which of the following is required regarding indorsements?

• A)An indorsement must be written on the back side of the instrument.
• B)Indorsements must comply with Federal Reserve Board guidelines in order for the instrument to be negotiable.
• C)Indorsements must be made on a separate sheet of paper stapled to the instrument.
• D)None of the above.

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