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GoodMad_ GoodMad_
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7 years ago
John issued a check to Mary who signed it as a blank endorsement. Mary lost the check. If someone finds it, he/she could
A) sign his/her name under Monica's and cash the check.
B) do nothing; the check must be made payable to him/her before it can be cashed.
C) write "for deposit only" under Monica's signature and deposit it to his/her account.
D) do nothing; since he or she is neither a payer or payee.
Textbook 
Personal Finance: An Integrated Planning Approach

Personal Finance: An Integrated Planning Approach


Edition: 8th
Author:
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bzapianbzapian
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7 years ago
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GoodMad_ Author
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#2
7 years ago
Another one bites the dust, as in, it's right Smiling Face with Open Mouth
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