[originaltext]M: I’m busy preparing financial statements because my boss requir

M: I’m busy preparing financial statements because my boss requires monthly reports.
W: So you should prepare reports every month. For legal requirements, the longest interval between reports is normally one year.
Q: What is the longest interval between reports?

M: I don’t know how to convert the blank endorsement into a special endorsement?
W: You can just write above the endorser’ s signature a direction to pay the cheque to the order of himself or some other named person.
Q: What do you think the holder of the cheque will do next?