Ryan negotiates an order instrument to Selina by
A) delivery with an assignment of his rights under a contract.
B) delivery with any necessary indorsement.
C) delivery alone.
D) presenting it in response to a demand by Selina.

Question

Ryan negotiates an order instrument to Selina by​
A) ​delivery with an assignment of his rights under a contract.
B) ​delivery with any necessary indorsement.
C) ​delivery alone.
D) ​presenting it in response to a demand by Selina.

Quizplus · Accepted Answer

Delivery with any necessary endorsement is the best choice as it ensures that Ryan has transferred his ownership rights in the order instrument to Selina. The endorsement on the instrument acts as a guarantee that Ryan has no further claims to the instrument and that it can be used by Selina without any issues.

Ryan Negotiates an Order Instrument to Selina By​

Ryan Negotiates an Order Instrument to Selina By