Question

question 1
3.5 pts
a blank endorsement on a check:
google translate

• has no effect on the check
• creates a check that can be cashed by anyone
• restricts the use of the check
• cancels the check

Explanation:

A blank endorsement on a check means signing the back without specifying a payee. This makes the check a bearer instrument, so anyone in possession can cash or deposit it. The other options are incorrect: it does affect the check (so first option wrong), it doesn't restrict use (third wrong), and it doesn't cancel the check (fourth wrong).

Answer:

B. Creates a check that can be cashed by anyone