A negotiable electronic document of title:
A) is not possible,since a document of title must be in tangible form.
B) running to the order of a named person must be indorsed in order to negotiate it.
C) may be delivered by voluntarily transferring control rather than by voluntarily transferring possession.
D) is tracked by a system of control created and set forth in Revised Article 7 of the UCC.

Question

Quizplus · Accepted Answer

Revised Article 7 of the UCC allows for electronic documents of title to be negotiated by transferring control rather than possession, recognizing the validity of electronic documents.

A Negotiable Electronic Document of Title