Multiple Choice
The transfer of a negotiable instrument in such a manner that the transferee becomes a holder is known as:
A) indorsement
B) negotiation
C) assignment
D) invalidation
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q16: A holder is the same as a
Q17: When an instrument has no room for
Q18: If a virgule - a slash mark
Q19: Dad has a negotiable instrument that he
Q20: A restrictive indorsement is one that has
Q22: Which of the following is correct with
Q24: Which of the following describes the shelter
Q25: A holder cannot become a holder in
Q26: A holder in due course can acquire
Q58: The advantage of a holder in due