To endorse a check means: the check is good a store approved the check to sign your name on the back of the check to apply for an IRA
maybe its C
Hello, Indeed you are verily correct, when one endorses a check they do sign their name to the back of the check, however the meaning of endorsing a check is much more complex then simply signing your name. If one simply endorses a check by signing their name this is quite the risk, due to when signing your name on the back to endorses the check you endorses it without any restrictions. This allows anyone to deposit the money assigned to the check to their bank account rather than the intended target. Note: Since the topic is rather complex, if I failed to explain it or you do not understand something please tag me so I can elucidate myself. Thank you. Peace.
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