An agent is a person who is in possession of a negotiable instrument that is drawn,issued,or indorsed to him or to his order,or to bearer,or in blank.

Question

Quizplus · Accepted Answer

An agent is someone who acts on behalf of another person or entity, but possession of a negotiable instrument as described does not define an agent. The definition provided more closely describes the holder or possessor of a negotiable instrument rather than an agent.

An Agent Is a Person Who Is in Possession of a Negotiable