A negotiable instrument may only be transferred to the party the __________ intended as a holder.
A) lendor
B) investor
C) offeror
D) transferor

Name: A negotiable instrument may only be transferred to the party the __________ intended as a holder. A) lendor B) investor C) offeror D) transferor
Brand: Quizplus
Rating: 4.8 (40 reviews)

Question

Quizplus · Accepted Answer

The correct term is "transferor," which refers to the person who is transferring the negotiable instrument to another party. The transferor intends the transferee to become the holder of the instrument.

A Negotiable Instrument May Only Be Transferred to the Party