What endorsement is used when a signature on a check indicates no further liability for the endorser?

A qualified endorsement is used when an endorser wants to limit their liability regarding the check. This type of endorsement typically includes the words "without recourse," which effectively means that the endorser is not responsible for the payment if the check bounces or is otherwise not honored by the bank. By using this endorsement, the endorser conveys that they are transferring the check to another party but do not want to take on any responsibility for the check’s payment beyond the transfer itself.

In contrast, a blank endorsement does not add any liability limitations and simply allows the check to be deposited or cashed by anyone who has possession of it. A restrictive endorsement imposes certain conditions on how the check can be processed, while a conditional endorsement depends on a specific condition being met for the endorsement to be valid. Each of these alternatives serves a different purpose and does not specifically communicate a disclaimer of liability like a qualified endorsement does.