A blank endorsement on a negotiable instrument, such as a personal check, means it is paid to whoever presents it, making it a bearer document. Blank endorsements can be useful, but must be protected to prevent misuse. They are not the same as blank checks. When the person holding title to the instrument endorses a […]
A backup offer is an alternative offer that can be considered if the primary offer falls through. It is used in real estate, stock sales, and auctions to secure a sale and recover from setbacks. A backup offer is a type of offer or offer to buy that can be considered in the event that […]
