If the instrument is in __________ form, this requires both physical possession and an indorsement.
A) express
B) value
C) order
D) substitute

Name: If the instrument is in __________ form, this requires both physical possession and an indorsement. A) express B) value C) order D) substitute
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Question

Quizplus · Accepted Answer

When an instrument is in "order" form, it requires both physical possession of the document and an indorsement by the person named in the instrument to be validly transferred or to convey rights to another party.

If the Instrument Is in __________ Form, This Requires Both