A bill or cheque payable to order is negotiated by which of the following methods?

Name: A bill or cheque payable to order is negotiated by which of the following methods?
Brand: Quizplus
Rating: 4.8 (53 reviews)

Question

Quizplus · Accepted Answer

A bill or cheque payable to order can be negotiated by both indorsement and delivery. The indorsement transfers the right to payment, and delivery transfers the possession of the instrument. Therefore, option D, indorsement and delivery, is the most accurate answer.

A Bill or Cheque Payable to Order Is Negotiated by Which