The transfer of an instrument:
A)vests in the transferee any right of the transferor,to enforce the instrument.
B)bars the transferee from attaining the rights of the transferor.
C)vests in the payor any right of the transferor,to enforce the instrument.
D)bars the transferor to pass on his rights to the transferee.

Question

Quizplus · Accepted Answer

Transfer of an instrument,whether or not the transfer is a negotiation,vests in the transferee any right of the transferor to enforce the instrument.

The Transfer of an Instrument