Negotiation Types and Endorsement
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Negotiation of which types of instrument requires endorsement?
1. Bearer instruments only
2. Order instruments only
3. Both bearer and order instruments
4. neither bearer nor order instruments
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Solution Summary
This response discusses the endorsement required for different types of instruments.
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An order instrument is a negotiable instrument that is payable to the order of a specific person. In other words, it contains the name of a payee capable of ...
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