A customer has sold 300 shares of ABC and has sent you 3 100-share certificates, one of which has not been endorsed. Which of the following actions should be taken?

A customer has sold 300 shares of ABC and has sent you 3 100-share certificates, one of which has not been endorsed. Which of the following actions should be taken?



A) Send all 3 certificates to transfer.

B) Send the unendorsed certificate to the customer for signature.

C) Send the customer a stock power for the missing endorsement.

D) Send back all 3 certificates.



Answer: C) Send the customer a stock power for the missing endorsement.


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