Solved

A "Holder" of Order Paper Can Best Be Described As

Question 42

Multiple Choice

A "holder" of order paper can best be described as:


A) the payee.
B) any person in possession of the instrument.
C) any person in possession of the instrument if it is payable to or indorsed to her.
D) the first party to come in contact with a negotiable instrument.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions