An instrument payable to two or more persons in the alternative requires the indorsement of both payees for negotiation.
Correct Answer:
Verified
Q14: A blank indorsement can consist of a
Q15: An instrument can only be transferred by
Q16: Negotiating order instruments requires neither delivery nor
Q17: A transfer by assignment can make it
Q18: Under the UCC, a transfer of rights
Q20: A holder takes an instrument for value
Q21: A person who receives an instrument as
Q22: An instrument is defective if it is
Q23: Ryan negotiates an order instrument to Selina
Q24: A purchaser can become an HDC of
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