A(n)________ is necessary for a bearer paper to be negotiable.
A) acceleration clause
B) indorsement
C) delivery
D) specific payee or indorsee

Name: A(n)________ is necessary for a bearer paper to be negotiable. A) acceleration clause B) indorsement C) delivery D) specific payee or indorsee
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Question

Quizplus · Accepted Answer

For a bearer paper to be negotiable, it must be delivered to the party who will become its holder. Indorsement is not necessary for bearer paper, as it is payable to the holder upon presentation.

A(n)________ Is Necessary for a Bearer Paper to Be Negotiable