Which of the Following Types of Endorsements Is Used When

question 60

Multiple Choice

Which of the following types of endorsements is used when the instrument is being transferred to an agent or trustee for the benefit of either the endorser or a third party?

• A) Conditional endorsement.
• B) Trust endorsement.
• C) Endorsement to prohibit further endorsement.
• D) Bearer endorsement.
• E) Conditional bearer endorsement.

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Definitions:

Advanced Computer Security

The field that deals with protecting computer systems, networks, and data from advanced threats and vulnerabilities through sophisticated techniques and technologies.

Trojan Horse

Program that claims to do one thing but in reality does something else, usually something malicious.

Network Firewall

A security system that monitors and controls incoming and outgoing network traffic based on predetermined security rules.