Which of the Following Is True of a Bearer Paper

question 78

Multiple Choice

Which of the following is true of a bearer paper?

• A) both indorsement and delivery are required for it to be negotiable
• B) only indorsement is necessary for it to be negotiable
• C) only delivery is necessary for it to be negotiable
• D) a payee must be specified in the paper

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Definitions:

Software Elements

Components of software development, including requirements, design, coding, testing, and maintenance that together create functional software.

Finance

The management of large amounts of money, especially by governments or large companies, including activities such as investing, borrowing, lending, budgeting, and saving.

Logistics

The detailed coordination and implementation of complex operations, often relating to the transportation and storage of goods from point of origin to point of consumption.

Production

The process of creating goods and services, involving the transformation of inputs into finished products.