Under the Negotiable Instruments Article of the UCC, an endorsement of an instrument "for deposit only" is an example of what type of endorsement?

Under the Negotiable Instruments Article of the UCC, an endorsement of an instrument "for deposit only" is an example of what type of endorsement?


a. Blank.
b. Qualified.
c. Restrictive.
d. Special.


Answer: C


CPA Exam

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