Once created,a negotiable instrument can be transferred to subsequent parties by:
A) mediation.
B) arbitration.
C) auction.
D) negotiation.
E) stipulation.

Question

Quizplus · Accepted Answer

A negotiable instrument can be transferred to subsequent parties through negotiation, which refers to the transfer of ownership rights in exchange for consideration, such as payment or performance of a promise. Mediation and arbitration are dispute resolution methods, not methods of transfer. Auction and stipulation are not applicable methods of transfer for negotiable instruments.

Once Created,a Negotiable Instrument Can Be Transferred to Subsequent Parties