When Parties Intend to Negotiate an Order Instrument but the Holder

question 33

Multiple Choice

When parties intend to negotiate an order instrument but the holder fails to indorse it:

• A) there is no negotiation.
• B) the transfer has the effect of a contract assignment .
• C) the transferee has the right to require the transferor's indorsement if consideration was given.
• D) all of the above.

---

Definitions:

Visual Basic Editor

An integrated development environment used to develop programs and procedures using the Visual Basic programming language.

Field Properties

Attributes or settings that define the characteristics and behavior of a field in a database or software application.

General Tab

A primary interface element found in software applications, providing users with access to a broad range of general settings and options.

Table Design

The process or feature in which users can customize the appearance and structure of tables in documents or databases.