An instrument should contain any of the following words of negotiability in order to make an instrument negotiable EXCEPT the words:
A) "payable to bearer."
B) "payable to the order of."
C) "payable to endorser."
D) "payable to cash."

Question

Quizplus · Accepted Answer

The phrase "payable to endorser" does not make an instrument negotiable. Negotiable instruments must contain an unconditional promise or order to pay a specific amount of money and be payable either to order (e.g., "payable to the order of [person]") or to bearer (e.g., "payable to bearer" or "payable to cash").

An Instrument Should Contain Any of the Following Words of Negotiability