1 Which of the following statements about endorsements of negotiable instruments is FALSE?

a An endorsement is required to negotiate bearer paper.

b An endorsement is required to negotiate order paper.

c The endorser cannot use a special endorsement to negotiate only a portion of the instrument.

d An endorsement is not required to negotiate bearer paper.

2 Mary Smith received a check on which the drawer misspelled her name so that the check read "Pay to the order of Merry Smyth." How should Mary endorse this check so that its negotiability is not impaired?

a "Merry Smyth."

b "Mary Smith."

c She should write both "Merry Smyth" and "Mary Smith.

d "No endorsement will make the check negotiable because the name of the payee is inaccurate.