Which one of the following would be a legitimate method to convert an order paper to a bearer paper?
A)by indorsement
B)by adding the term "pay to the order of"
C)by delivering the order paper
D)by specifying a payee

Question

Quizplus · Accepted Answer

By indorsing an order paper in blank (without specifying a new payee), it becomes a bearer paper, which can be transferred by delivery alone.

Which One of the Following Would Be a Legitimate Method