Which type of indorsements of commercial paper includes blank, qualified, and restrictive?

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The question pertains to the types of indorsements of commercial paper, specifically identifying those that fall under the categories of blank, qualified, and restrictive. The correct answer encompasses all types of indorsements mentioned.

Blank indorsements involve signing the back of a check or instrument without naming a specific payee, thereby allowing anyone in possession to claim the payment. Qualified indorsements limit the liability of the endorser and typically include phrases like "without recourse." Restrictive indorsements impose specific conditions on the transfer of the instrument, such as requiring that it be deposited into a specified account.

By noting that all three forms of indorsements (blank, qualified, and restrictive) fall within the general scope of indorsements of commercial paper, one can deduce that they collectively represent types of transfer indorsements. Hence, the correct response reflects the inclusivity of the characteristics of these indorsements in the context of commercial paper transactions. This understanding reinforces the versatility of indorsements, which can serve differing needs in financial transfers.

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