Multiple Choice
The transfer of a negotiable instrument by a person other than the issuer to a person who thereby becomes a holder is referred to as ________.
A) negotiation
B) assignment
C) indorsement
D) insurance
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q19: A special indorsement is negotiable by indorsement
Q31: A person who is in possession of
Q36: An indorser is allowed to indorse an
Q53: Value has been given by the holder
Q54: An indorsement that does not specify a
Q56: Which of the following indorsements can be
Q57: Which of the following is true for
Q60: Which of the following is true for
Q61: Which one of the following is a
Q62: A holder can convert a blank indorsement