Answer:
Option: b is the correct answer.
b. Blank endorsement.
Step-by-step explanation:
Blank endorsement is an open endorsement that carries only the signature of the endorser and does not specify in whose favor it is made(who is the new endorse)
.
The effect of this is that it is payable only to the bearer – legally.
Hence, a signature on the back of the check with no specific instructions is known as:
Option: b
b. Blank endorsement.
