Negotiation of Bearer Paper Requires

question 48

Multiple Choice

Negotiation of bearer paper requires:

• A) delivery only.
• B) indorsement only.
• C) both indorsement and delivery.
• D) neither indorsement nor delivery.

---

Definitions:

Animals

Animals are multicellular, eukaryotic organisms in the biological kingdom Animalia, characterized by their ability to move voluntarily, consume organic material, breathe oxygen, and reproduce sexually.

Humans

Biological beings belonging to the species Homo sapiens, characterized by their advanced cognitive abilities and complex social structures.

Deliberate System

The Deliberate System refers to the cognitive process that is analytical, conscious, and rational, often requiring more time and effort than instinctive or automatic responses.

Automatic Systems

Systems that operate independently of human intervention, often relying on pre-set rules or algorithms to function.