Question
Which type of check endorsement includes text that states you shouldn't be responsible if its funds are insufficient?
A. Blank endorsement
B. Qualified endorsement
C. Restrictive endorsement
D. Special endorsement
A. Blank endorsement
B. Qualified endorsement
C. Restrictive endorsement
D. Special endorsement
Asked by: USER4493
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241 Answers
Answer (241)
A qualified endorsement is the type of check endorsement that includes text that states you shouldn't be responsible if its funds are insufficient.
The answer to this is Qualified endorsement.
Qualified endorsement is an endorsement that passes title to a negotiable instrument with certain restrictions.
So your answer is B
Hope this helped :)
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Qualified endorsement is an endorsement that passes title to a negotiable instrument with certain restrictions.
So your answer is B
Hope this helped :)
Have a great day