Negotiation of order paper requires:

Name: Negotiation of order paper requires:
Brand: Quizplus
Rating: 4.8 (47 reviews)

Question

Quizplus · Accepted Answer

Negotiation of an order paper requires both endorsement and delivery. Endorsement is the act of signing the back of the instrument and delivery is the act of physically transferring the instrument to the new holder. A holder must have both endorsement and delivery in order to negotiate the paper and become its new holder with the same rights as the previous holder.

Negotiation of Order Paper Requires