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:

Narcolepsy

A sustained sleep ailment denoted by overpowering lethargy during daytime and rapid transitions to sleep.

Commercial Bus Driver

A professional who operates buses or coaches, transporting passengers on predetermined routes or chartered trips, and is responsible for passenger safety.

Narcolepsy

A perpetual sleeping condition characterized by severe daytime tiredness and immediate sleep attacks.

Night Terrors

A sleep disorder causing feelings of panic or dread, typically occurring during non-REM sleep and resulting in partial or full awakening.