What advantage did carter gain by using qualify indorsement

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Question: Anchor was the maker of a $500 promissory note payable to Carter. Carter transferred the note to Petty using a qualified indorsement. What advantage did Carter gain by using a qualified indorsement?

Reference no: EM131472856

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What advantage did carter gain by using qualify indorsement : Anchor was the maker of a $500 promissory note payable to Carter. Carter transferred the note to Petty using a qualified indorsement.

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