The transfer of possession (whether voluntary or involuntary)of a negotiable instrument by a person (other than the issuer)to another person who becomes its holder is known as __.

Question

Quizplus · Accepted Answer

Under Revised Article 3,negotiation is the transfer of possession (whether voluntary or involuntary)of a negotiable instrument by a person (other than the issuer)to another person who becomes its holder.

The Transfer of Possession (Whether Voluntary or Involuntary)of a Negotiable