Once a negotiable instrument is issued,it can be transferred by assignment.

Name: Once a negotiable instrument is issued,it can be transferred by assignment.
Brand: Quizplus
Rating: 4.9 (49 reviews)

Question

Quizplus · Accepted Answer

Once a negotiable instrument is issued, it can be transferred by assignment to another party, who then becomes the new holder of the instrument. This transfer of ownership can be made by endorsement, which is a signature on the back of the instrument indicating the transferee, or by simply delivering the instrument to the transferee.

Once a Negotiable Instrument Is Issued,it Can Be Transferred by Assignment