For what purpose would a payee use an endorsement as shown in the ...

[evelyn o bentley]

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

[6ana001]

Answer to Question 1

A

Answer to Question 2

C

[evelyn o bentley]

Correct answers!

[6ana001]

Great! Please up vote