Define what is a restrictive endorsement when endorsing a check.
What will be an ideal response?
Signing just your name is called a blank endorsement. At that point, anyone can take the check and deposit it into their account. A better way to endorse a check is to use a restrictive endorsement. Sign your name and include "For deposit only." You can even include your account number. That way the check can only be deposited in your account.
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Indicate whether the statement is true or false
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Fill in the blank(s) with the appropriate word(s).
The use of instructor-led classroom training has decreased from 70% in 2010 to 40 in 2016.
Answer the following statement true (T) or false (F)
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Indicate whether the statement is true or false