________ is a legitimate method to convert an order paper to a bearer paper.
A) Indorsing
B) Adding the term "pay to the order of"
C) Delivering the order paper
D) Specifying a payee

Question

Quizplus · Accepted Answer

Indorsing (specifically, blank indorsement) is a legitimate method to convert an order paper into a bearer paper. This involves the holder signing the back of the instrument without specifying a new payee, making it payable to the bearer.

________ Is a Legitimate Method to Convert an Order Paper