An order bill is a bill or note that contains a special endorsement as its last endorsement.

Name: An order bill is a bill or note that contains a special endorsement as its last endorsement.
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Question

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An order bill must have a special endorsement as its last endorsement, which usually includes the words "pay to the order of." This endorsement makes the bill negotiable, meaning it can be transferred from one person to another by endorsement and delivery.

An Order Bill Is a Bill or Note That Contains