________ are required to negotiate order paper, but they are not required to negotiate bearer paper.
A) Securities
B) Collaterals
C) Indorsements
D) Warranties

Question

Quizplus · Accepted Answer

Indorsements (or endorsements) are necessary for negotiating order paper, which is a type of negotiable instrument that is payable to a specific person or entity. However, bearer paper does not require indorsements as it is payable to whoever holds the instrument. Securities and collaterals are types of financial assets that may be negotiable instruments, but they are not directly relevant to the question. Warranties refer to the guarantees made by the seller of a product, which is not relevant to the context of negotiable instruments.

________ Are Required to Negotiate Order Paper, but They Are