Respuesta :
Correct option is B. It is False that A special indorsement does not specify a particular indorse.
A special endorsement given by the holder of an instrument, whether payable to the bearer or to an identified person, that identifies the person to whom it makes the instrument due is referred to as a "particular indorsement."
What is a special indorsement?
A "special indorsement" is one that the holder of an instrument makes identifying a person to whom it makes the instrument payable, whether the instrument is payable to an identified person or payable to bearer. When an instrument is specially indorsed, it becomes payable to the identified person and may only be negotiated by the indorsement of that person. Special indorsements shall be subject to the principles contained in Section 3-110.
Example: Isabelle signs a note and writes Pay Tom or Pay to the Order of Tom. But keep in mind that the document must include in order to continue to be negotiable.
Additionally, Pay to the Order of Tom designates the paper as an order paper without limiting Tom's capabilities. Tom can indorse the paper and negotiate it.
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