Which of the following written endorsements would be an example of an endorsement prohibiting further endorsement?
A. "Pay to Elaine, without recourse, [signed] John"
B. "For collection only, [signed] John"
C. "Pay to Elaine only, [signed] John"
D. "Pay to Elaine, agent for John [signed] John"
C
You might also like to view...
One of the three key managerial tools for leveraging culture for performance is ______.
A. managing culture through the reward system B. attraction-selection-attrition C. letting the culture organically develop D. being sure all employees know they must fit it
Discuss three reasons why dollar-cost averaging is an important concept to investors
What will be an ideal response?
Which of the following items would be reported on a statement of cash flows using the indirect method, but not on a statement prepared using the direct method?
A. Cash received from stock issuances. B. Depreciation expense. C. Cash paid for purchase of treasury stock. D. Cash paid for dividends.
Under both state and federal law, a shareholder can generally revoke a proxy at any time.
Answer the following statement true (T) or false (F)