This topic contains a solution. Click here to go to the answer

Author Question: A depository bank receiving a check with a restrictive indorsement, such as for deposit must always ... (Read 78 times)

tingc95

  • Hero Member
  • *****
  • Posts: 556
A depository bank receiving a check with a restrictive indorsement, such as for deposit  must always honor the restriction.
  Indicate whether the statement is true or false

Question 2

A qualified indorsermakes no warranties regarding the instrument.
  Indicate whether the statement is true or false



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

potomatos

  • Sr. Member
  • ****
  • Posts: 338
Answer to Question 1

TRUE

Answer to Question 2

FALSE




tingc95

  • Member
  • Posts: 556
Reply 2 on: Jun 24, 2018
Great answer, keep it coming :)


miss_1456@hotmail.com

  • Member
  • Posts: 289
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

According to the National Institute of Environmental Health Sciences, lung disease is the third leading killer in the United States, responsible for one in seven deaths. It is the leading cause of death among infants under the age of one year.

Did you know?

The calories found in one piece of cherry cheesecake could light a 60-watt light bulb for 1.5 hours.

Did you know?

Signs and symptoms of a drug overdose include losing consciousness, fever or sweating, breathing problems, abnormal pulse, and changes in skin color.

Did you know?

When taking monoamine oxidase inhibitors, people should avoid a variety of foods, which include alcoholic beverages, bean curd, broad (fava) bean pods, cheese, fish, ginseng, protein extracts, meat, sauerkraut, shrimp paste, soups, and yeast.

Did you know?

The Babylonians wrote numbers in a system that used 60 as the base value rather than the number 10. They did not have a symbol for "zero."

For a complete list of videos, visit our video library