For negotiation, ________ requires only delivery of the instrument to the holder by the payee
A) bearer paper
B) an endorsement
C) order paper
D) a transfer
E) an acknowledgement

Name: For negotiation, ________ requires only delivery of the instrument to the holder by the payee A) bearer paper B) an endorsement C) order paper D) a transfer E) an acknowledgement
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Bearer paper requires only the physical delivery of the instrument to transfer ownership and does not require an endorsement.

For Negotiation, ________ Requires Only Delivery of the Instrument to the Holder