Ashley needs to endorse a check that had been endorsed by two other individuals prior to Ashley's receipt of the check. Ashley does not want to have surety liability, so Ashley endorses the check "without recourse.". Under the Negotiable Instruments Article of the UCC, which of the following types of endorsement did Ashley make?

a. Blank
b. Special
c. Qualified
d. Restrictive


.C

Business

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Who initiates delivery in a corn futures contract

A. The party with the long position B. The party with the short position C. Either party D. The exchange

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Answer the following statement true (T) or false (F)

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