Which of the following can be negotiated by transfer of possession of an instrument after indorsement by the person specified?
A) Order paper
B) Bearer paper
C) Blank endorsement
D) Teller's check

Question

Quizplus · Accepted Answer

If an instrument is payable to the order of a specific payee, it is called an order paper and it can be negotiated by transfer of possession of the instrument after indorsement by the person specified.

Which of the Following Can Be Negotiated by Transfer of Possession