Question

a signature on the back of the check with no specific instructions is known as: a. full endorsement. b. blank endorsement. c. restrictive endorsement. d. none of the above

Answer 1

Answer:

Option: b is the correct answer.

b. Blank endorsement.

Step-by-step explanation:

Blank endorsement is an open endorsement that carries only the signature of the endorser and does not specify in whose favor it is made(who is the new endorse) .

The effect of this is that it is payable only to the bearer – legally.

Hence, a signature on the back of the check with no specific instructions is known as:

Option: b

b. Blank endorsement.

Answer 2

Im pretty sure its B. Blank Endorsement .