Order paper can be converted into bearer paper by the holder's blank endorsement.

Question

Quizplus · Accepted Answer

Blank endorsement on an order paper is where the holder signs the back without specifying a named person as the new holder. This transforms the order paper into bearer paper, which means that whoever possesses the paper physically is considered the rightful owner, and they can transfer ownership to others simply by passing on the paper.

Order Paper Can Be Converted into Bearer Paper by the Holder's