Which of the following has been held to destroy the negotiability of an instrument and to render its transfer a contractual assignment?
A) "I wish you would pay."
B) "Pay to the order of John Jones."
C) "Pay bearer."
D) None of these.

Question

Quizplus · Accepted Answer

The phrase "I wish you would pay" indicates a conditional request for payment and destroys the unconditional promise or order necessary for negotiability. This makes the transfer a mere contractual assignment. Choices B and C are both valid endorsements that preserve negotiability.

Which of the Following Has Been Held to Destroy the Negotiability