This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: For what purpose would a payee use an endorsement as shown in the following example: For deposit ... (Read 129 times)

evelyn o bentley

  • Hero Member
  • *****
  • Posts: 564
on: Jun 24, 2018
For what purpose would a payee use an endorsement as shown in the following example: For deposit only P. J. Berry's 6639-88-83-9
 A) when depositing a check into his or her account
  B) when paying a check
  C) when transferring the check to another party
  D) when cashing a check

Question 2

What type of endorsement is illustrated by the following example: Pay to the order of Jim Medley Tom Spooker 3345-26-37-3
 A) business endorsement
  B) blank endorsement
  C) full endorsement
  D) restrictive endorsement


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

6ana001

  • Sr. Member
  • ****
  • Posts: 311
Reply #1 on: Jun 24, 2018
Answer to Question 1

A

Answer to Question 2

C


evelyn o bentley

  • Hero Member
  • *****
  • Posts: 564
Reply #2 on: Jun 24, 2018
Correct answers!


6ana001

  • Sr. Member
  • ****
  • Posts: 311
Reply #3 on: Jun 24, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

Limit intake of red meat and dairy products made with whole milk. Choose skim milk, low-fat or fat-free dairy products. Limit fried food. Use healthy oils when cooking.

Did you know?

All patients with hyperparathyroidism will develop osteoporosis. The parathyroid glands maintain blood calcium within the normal range. All patients with this disease will continue to lose calcium from their bones every day, and there is no way to prevent the development of osteoporosis as a result.

Did you know?

The U.S. Preventive Services Task Force recommends that all women age 65 years of age or older should be screened with bone densitometry.

Did you know?

Cyanide works by making the human body unable to use oxygen.

Did you know?

Your heart beats over 36 million times a year.

Brain cells of a laboratory mouse are shown glowing with multicolor fluorescent proteins Brain cells of a laboratory mouse are shown glowing with multicolor fluorescent proteins
An electrocardiogram (ECG, EKG) is a commonly used procedure in which the electrical events associat An electrocardiogram (ECG, EKG) is a commonly used procedure in which the electrical events associat
Native American casinos remain a topic of both controversy and envy. Shown here is Corey Two Crow as ... Native American casinos remain a topic of both controversy and envy. Shown here is Corey Two Crow as ...
As the glass ceiling slowly cracks, women are gaining entry into the top positions of society. Shown ... As the glass ceiling slowly cracks, women are gaining entry into the top positions of society. Shown ...
Record the AC frequency as shown on the meter and subtract 50 from the reading (e.g., 60.50 -50.00 = ... Record the AC frequency as shown on the meter and subtract 50 from the reading (e.g., 60.50 -50.00 = ...
A funnel is one way to visualize the diagnostic process. The purpose is to narrow the possible ... A funnel is one way to visualize the diagnostic process. The purpose is to narrow the possible ...
Video: Febrile Seizure

For a complete list of videos, visit our video library