Which order paper when indorsed becomes a bearer paper?
A) unqualified indorsement
B) blank indorsement
C) special indorsement
D) special qualified indorsement

Question

Quizplus · Accepted Answer

When a paper is indorsed in blank, without specifying the indorsee's name, it becomes a bearer paper. This means that whoever possesses the paper is considered to be the rightful owner and can negotiate it to another person or party.

Which Order Paper When Indorsed Becomes a Bearer Paper