QUESTION IMAGE
Question
question 2 of 10
what kind of check endorsement is signed by the person it is made out to but has instructions to pay the check to someone else?
a. full endorsement
b. blank endorsement
c. restrictive endorsement
d. none of the above
A full endorsement (also called a special endorsement) occurs when the payee signs the check and includes instructions to pay the check to another person (the endorsee). A blank endorsement is just the payee's signature with no further instructions. A restrictive endorsement limits how the check can be used (e.g., "For deposit only"). So the description matches a full endorsement.
Snap & solve any problem in the app
Get step-by-step solutions on Sovi AI
Photo-based solutions with guided steps
Explore more problems and detailed explanations
A. Full endorsement