Durable Goods Inc. negotiates an order instrument to Equity Finance by delivery
A)with an assignment of its rights under a contract.
B)with any necessary indorsement.
C)without more.
D)with formal presentment in response to a demand by the payee.

Question

Quizplus · Accepted Answer

Negotiating an order instrument typically requires any necessary indorsement to ensure the instrument is properly transferred and the new holder obtains the rights to enforce it.