An instrument that is payable "to the order of bearer" is:

Name: An instrument that is payable "to the order of bearer" is:
Brand: Quizplus
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Quizplus · Accepted Answer

An instrument that is payable "to the order of bearer" is known as bearer paper. This means that whoever possesses the instrument at the time payment is due can receive payment. It is considered negotiable because it can be transferred from one party to another by delivery alone, without the need for endorsement.

An Instrument That Is Payable "To the Order of Bearer