Order instruments are negotiated by:
A) delivery with the necessary indorsement.
B) word of mouth.
C) constructive recovery.
D) an unconditional promise.

Question

Quizplus · Accepted Answer

Order instruments require delivery with the necessary indorsement in order to become negotiable. This is typically done through endorsement and delivery to the next party in the chain of ownership. Word of mouth, constructive recovery, and an unconditional promise are not relevant to negotiating order instruments.

Order Instruments Are Negotiated By