Ollie Negotiates an Order Instrument to Phil by

question 14

Multiple Choice

Ollie negotiates an order instrument to Phil by

• A)assignment of its rights under a contract.
• B)delivery with any necessary indorsement.
• C)making an unconditional promise to pay.
• D)presenting it in response to a demand by B.

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Definitions:

Growers Mart

A marketplace or exchange platform dedicated to the sale and purchase of agricultural products directly from farmers.

Fresh Farm LLC

A company likely involved in agriculture, specifically in producing and possibly selling fresh farm products.

Identification

In a sale of goods, the express designation of the specific goods provided for in the contract.

Buyer

An individual or entity that acquires goods or services in exchange for money.