With an order instrument, the payee must be identified with certainty because the transfer of the instrument requires his or her signature.

Name: With an order instrument, the payee must be identified with certainty because the transfer of the instrument requires his or her signature.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

An order instrument requires the payee's endorsement (signature) to transfer the instrument, necessitating clear identification of the payee.

With an Order Instrument, the Payee Must Be Identified with Certainty