a.restrictive
b. special
c. blank
d.qualified
2006-07-25 12:13:17 · 7 answers · asked by Nice girl 3 in Business & Finance ➔ Credit
It is A--restrictive...BUT..."For Deposit Only" itself is invalid. The payee's name must also be there. I used to work in the operations department of a small bank and we would return checks for invalid endorsement almost daily just because it said "For Deposit Only" and nothing else.
2006-07-25 13:48:12 · answer #1 · answered by Rich B 3 · 3⤊ 0⤋
Restrictive
2006-07-25 19:42:12 · answer #2 · answered by STEVEN F 7 · 0⤊ 0⤋
A. because it restricts the person to only depositing the check, not cashing it in part or whole.
2006-07-25 19:16:38 · answer #3 · answered by AOMGMC77 5 · 0⤊ 0⤋
I'm going with A) Restrictive.
2006-07-25 19:17:14 · answer #4 · answered by Wannabeadoc06 3 · 0⤊ 0⤋
It looks like someone is taking a UCC Articles 3 & 4 class!
2006-07-25 22:59:44 · answer #5 · answered by Anonymous · 0⤊ 1⤋
It is restrictive, but what difference does it make as to the "title it has?"
2006-07-25 19:18:02 · answer #6 · answered by Anonymous · 0⤊ 0⤋
Restrictive.
Can't you Google this yourself.
2006-07-25 19:17:16 · answer #7 · answered by Anonymous · 0⤊ 0⤋