A _____ is anyone who possesses a document of title that is drawn to his order, indorsed to him, or made out "to bearer."

Name: A _____ is anyone who possesses a document of title that is drawn to his order, indorsed to him, or made out "to bearer."
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Question

Quizplus · Accepted Answer

A holder is someone who has possession of a document of title that is either drawn to their order, indorsed to them, or made out "to bearer." The other options are not relevant to the definition of a holder.

A _____ Is Anyone Who Possesses a Document of Title