A __________ is the various steps used to transfer a negotiable instrument from party to party through a legally defined process.
A) negotiation
B) arbitration
C) mediation
D) None of the choices are correct.

Question

Quizplus · Accepted Answer

Negotiation is the process used to transfer a negotiable instrument from one party to another, ensuring the legal transfer of rights associated with the instrument.

A __________ Is the Various Steps Used to Transfer a Negotiable