Answered

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Indorsement consisting only of the indorser's signature is called
Blank indorsement
Special indorsement
Qualified indorsement

Sagot :

Samawati

Answer:

Blank Endorsement

Explanation:

In a blank endorsement, the payee does not issue any instructions or restrictions regarding the check or financial instruments.  It means a bank will consider the bearer of a check as its owner.

Blank endorsing is done by signing at the back of a check or the financial instruments. No other details are given. Due to this, a blank endorsement is risky. Use of other restrictive endorsement methods is encouraged.

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