The Transfer of a Negotiable Instrument in Such a Manner

question 21

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

---

Definitions:

Certainty

The state of being free from doubt or reservation, characterized by confidence in a fact, outcome, or condition.

Technical Failure

An issue or malfunction related to the technology or machinery in a system, project, or product, leading to disruption or non-performance.

Decision-Making Process

A systematic approach to making choices among alternatives based on the evaluation of their potential outcomes.

Preferred Course

The most favorable or desirable path or decision among several options.