For each of the following indorsements indicate (a) the type of indorsement and whether the indorsement is (b) blank or special, (c) restrictive or nonrestrictive, and (d) qualified or unqualified:

Explanation

"Special, qualified, and nonrestrictive" is correct

"Blank, unqualified, and restrictive" is incorrect

The indorsement is as follows:

Special: This indorsement includes the name of a specific person such as Individual M.
Qualified: This reflects that there is no restriction for future negotiation due to the lack of payment-related guarantees from the indorsee's side.
Nonrestrictive: There is no restriction in the context of the indorsee's right.

Explanation

"Special, restrictive, and unqualified" is correct

"Blank, nonrestrictive, and qualified." is incorrect

The indorsement is as follows:

Special: This indorsement includes the name of a specific person such as Individual A.
Restrictive: There is restriction in the context of the indorsee, Individual A, since it is mentioned that the pay of the indorsee is for the collection.
Unqualified: This reflects that there is the existence of restriction in case of future negotiations due to the lack of payment-related guarantees from the indorsee’s, Individual A’s, side.

Explanation

"Special, nonrestrictive, and unqualified" is correct

"Blank, restrictive, and qualified" is incorrect

The indorsement is as follows:

Special: This indorsement includes the name of a specific person such as Individual F.
Nonrestrictive: There is no restriction in the context of the indorsee’s, Individual F’s, right.
Unqualified: It is unqualified since the statement clearly defines the intention of assignment and transfer.

Explanation

"Special, nonrestrictive, and unqualified" is correct

"Blank, restrictive, and qualified" is incorrect

Special: This indorsement includes the name of a specific company.
Nonrestrictive: There is no restriction in the context of the indorsee’s right.
Unqualified: This reflects that there is the existence of restriction, in case of future negotiation, due to the lack of payment-related guarantees from the indorsee’s side.

Explanation

"Special, restrictive and unqualified" is correct

"Blank, nonrestrictive and qualified" is incorrect

Special: This indorsement includes the name of a specific bank such as Bank N.
Restrictive: There is restriction in the context of the indorsee’s right since the statement says for deposits only.
Unqualified: It is unqualified since the statement clearly states the intention.