Which of the following has been held to destroy the negotiability of an instrument and to render its transfer a contractual assignment?
A)"I wish you would pay."
B)"Pay to the order of John Jones."
C)"Pay bearer."
D)None of the above.

Question

Quizplus · Accepted Answer

The phrase "I wish you would pay" indicates a conditional promise, which destroys the negotiability of the instrument and renders its transfer a contractual assignment. The other options are valid endorsements that do not affect the negotiability of the instrument.

Which of the Following Has Been Held to Destroy the Negotiability