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

Name: Which order paper when indorsed becomes a bearer paper? A)unqualified indorsement B)black indorsement C)special indorsement D)special qualified indorsement
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Question

Quizplus · Accepted Answer

A black indorsement is an indorsement that does not specify a particular indorsee. This means that anyone who possesses the paper can negotiate it.

Which Order Paper When Indorsed Becomes a Bearer Paper