Situations exist where the holder of a bill may validly negotiate it to another without endorsement or incurring liability under it.

Name: Situations exist where the holder of a bill may validly negotiate it to another without endorsement or incurring liability under it.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

This can occur when the bill is payable to bearer or when it is endorsed in blank, allowing it to be negotiated by mere delivery without the need for an endorsement.

Situations Exist Where the Holder of a Bill May Validly