Which of the Following Is True About the Assignment and the Negotiation

Multiple Choice

Which of the following is true about the assignment and the negotiation of a negotiable instrument?

A) An assignment does not require a signature, while a negotiation does.
B) A negotiation results in a transfer of rights, but an assignment does not.
C) An assignment applies to bearer paper, and a negotiation applies to order paper.
D) An assignment can transfer no greater rights than those held by the transferor, while the transferee in a negotiation can receive greater rights than those held by the transferor.
E) The rights acquired by subsequent transferees may not vary according to the method of transfer.