QUESTION
What is the advantage of multiple indorsement of checks when it comes to facility?
Asked on Aug 20th, 2011 on Business Law - Alaska
More details to this question:
We were trying to elaborate the advantages and disadvantages of multiple indorsement. It is only for our debate. Thanks :)
1 ANSWER
Victor Obninsky
Each endorser guaranties the validity of all previous endorsements back to the original maker of the check.
Answered on Aug 20th, 2011 at 1:53 PM