Matt writes on the back of a check, "I assign all of my rights in this instrument to Ronald Stevens." This is a(n):

Question

Quizplus · Accepted Answer

By writing "I assign all of my rights in this instrument to Ronald Stevens," Matt is essentially transferring ownership of the check to Ronald Stevens without requiring the check to be physically negotiated (or endorsed) to him. This is known as an assignment without negotiation. The other answer choices refer to different types of endorsements, which are not applicable in this situation.

Matt Writes on the Back of a Check, "I Assign