asked 19.8k views
3 votes
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

asked
User Cclerv
by
8.3k points

2 Answers

6 votes
Im pretty sure its B. Blank Endorsement . 
answered
User Pollizzio
by
7.8k points
1 vote

Answer:

Option: b is the correct answer.

b. Blank endorsement.

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.

answered
User Nayoung
by
7.5k points
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