Which endorsement allows for the endorsement of any amount received for deposit without restrictions on cash transactions?

A blank endorsement is the correct choice because it simplifies the process of endorsing a check. When a check is signed on the back without any additional instructions, it allows the bearer to deposit or cash the check without restrictions. This means any individual can take the endorsed check to a bank and have it processed, effectively allowing for any amount received to be deposited as cash.

Blank endorsements are commonly used because they make the transaction swift and uncomplicated. They serve the purpose of transferring ownership of the check to whomever possesses it after the endorsement. However, because of this lack of restrictions, it is important to handle checks with blank endorsements carefully, as anyone who comes into possession of the check can redeem it.

The other types of endorsements mentioned, such as qualified or conditional endorsements, include additional stipulations or limitations, which can complicate the transaction or restrict who can cash or deposit the check. Restrictive endorsements specifically limit how the check can be processed, usually designating it for deposit only into a specific account, further differentiating them from blank endorsements.