Which of the following is a similarity between a bearer paper and an order paper?
A) both require a specific payee to be named
B) both require indorsements to be considered negotiable
C) both require delivery to be considered negotiable
D) both can be claimed by whoever presents the instrument for payment

Question

Quizplus · Accepted Answer

Both bearer and order papers require delivery to the appropriate party to be considered negotiable, which is a fundamental aspect of their negotiability.

Which of the Following Is a Similarity Between a Bearer