单选题 Passage 1 Qualified Endorsement: when the words “without recourse” or words with similar meaning are used part of the endorsement, such endorsement is referred to as qualified endorsement. The purpose of this type of endorsement is to limit the endorser’s liability. The qualified endorsee,however, may look to all other parties prior to the qualified endorser. Under the UCP, the term “signature” also includes marks and thumbprints and printed, typed, or stamped signatures are acceptable in addition to written ones. This rule also applies to endorsements. In the United States, the endorsement on an instrument need not necessarily be applied by the previous holder. Banks frequently provide this by placing a rubber-stamped endorsement on deposited check, typically using words as “credited to the account of within named payee” and guaranting the absence of the payee’s persona; signature and endorsement.

单选题 Qualified endorsement is one___________.

单选题 Qualified endorsement is used_____________.

单选题 According to the UCP, the term “signature” includes___________.

单选题 The qualified endorsee may look to all other parties___________.

单选题 Endorsement can be acceptable________________.