A negotiable electronic document of title running to the order of a named person or bearer is negotiated by delivery which,according to Revised Article 7 of the UCC,means a voluntary transfer of control.

Question

Quizplus · Accepted Answer

According to Revised Article 7 of the UCC, a negotiable electronic document of title running to the order of a named person or bearer can be negotiated by delivery, which is defined as a voluntary transfer of control. Therefore, the statement is true.

A Negotiable Electronic Document of Title Running to the Order