Consider each of the following statements and indicate whether it refers to a blank endorsement, a special endorsement, or a restrictive endorsement. Creates a two-party check, which is more easily deposited than cashed. Contains only the payee's signature, so that the check is transformed into a bearer instrument. This endorsement authorizes the financial institution to deposit the check only-not cash it. Blank Endorsement To inswer this Restrictive Endorsement Special Endorsement Why is the method used to endorse a check important? Asked differently, why should you care about how you endorse a check?

Why is the method used to endorse a check important? Asked differently, why should you care about how you endorse a check? Consider each of the following statements and indicate whether it refers to a blank endorsement, a special endorsement, or a restrictive endorsement. Creates a two-party check, which is more easily deposited than cashed. BlankEndorsement RestrictiveEndorsementEndorsementIntoabearerinstrument