Restrictive Indorsements, history assignment help

timer Asked: Oct 12th, 2016
account_balance_wallet $5

Question Description

Explain the significance of Restrictive Indorsements.

minimum length 250 words

any format you are familiar with

Tutor Answer

Expert Writer
School: UT Austin


A restrictive endorsement is a control technique used to restrict further action in regard to
a financial instrument (usually a check). The result of a restrictive endorsement is that a financial
instrument is no longer a negotiable instrument that can be passed from the stated payee to a
third party. An example of a restrictiv...

flag Report DMCA

awesome work thanks

Brown University

1271 Tutors

California Institute of Technology

2131 Tutors

Carnegie Mellon University

982 Tutors

Columbia University

1256 Tutors

Dartmouth University

2113 Tutors

Emory University

2279 Tutors

Harvard University

599 Tutors

Massachusetts Institute of Technology

2319 Tutors

New York University

1645 Tutors

Notre Dam University

1911 Tutors

Oklahoma University

2122 Tutors

Pennsylvania State University

932 Tutors

Princeton University

1211 Tutors

Stanford University

983 Tutors

University of California

1282 Tutors

Oxford University

123 Tutors

Yale University

2325 Tutors