Examlex
Which of the following statements is true?
For Deposit Only
An endorsement on a check specifying that the check must be deposited into an account and cannot be cashed directly.
Negotiation
The process of discussing things with others to reach an agreement, compromise, or settlement.
Order
An authoritative command, direction, or instruction, typically issued by a court or by someone in a position of power.
Bearer
A term referring to an individual in possession of a negotiable instrument (such as a check or bond) that is payable to whoever holds it.
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