No indorsement is necessary to negotiate an instrument payable to bearer.

Name: No indorsement is necessary to negotiate an instrument payable to bearer.
Brand: Quizplus
Rating: 4.9 (46 reviews)

Question

Quizplus · Accepted Answer

In general, an instrument payable to bearer can be negotiated without any indorsement, as it is already payable to whoever holds it. However, some specific situations or jurisdictions may require an indorsement even for bearer instruments.

No Indorsement Is Necessary to Negotiate an Instrument Payable to Bearer