The UCC states that an instrument fulfills the requirements of being payable to bearer if it:
A)states it is payable to bearer or the order of bearer.
B)does not state a payee.
C)states it is payable to "cash" or to the order of "cash."
D)All of the above.

Question

Quizplus · Accepted Answer

All of the choices listed fulfill the requirement of being payable to bearer, as they either directly state that the instrument is payable to bearer or do not name a specific payee, leaving it open to whoever possesses the instrument.

The UCC States That an Instrument Fulfills the Requirements of Being