The statement that best describes a blank endorsement is putting a signature of your name in the endorsement area of the check. Thus, Option C is the correct statement.
What Is a Blank Endorsement?
A blank endorsement refers to a signature on a financial instrument together with a check. No payee is specified, so any holder of the instrument ought to declare payment. The signature basically turns the instrument right into bearer security.
That is, it isn't registered to any individual however is payable to the individual that possesses it.
Therefore, The statement that best describes a blank endorsement is putting a signature of your name in the endorsement area of the check. Thus, Option C is the correct statement.
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