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:

IUPAC Name

The systematic naming of chemical compounds as recommended by the International Union of Pure and Applied Chemistry, ensuring consistency and clarity worldwide.

IUPAC Name

The methodical identification of chemical substances according to guidelines set by the International Union of Pure and Applied Chemistry.

Configurational Information

Describes the spatial arrangement of atoms within a molecule that cannot be interconverted without breaking chemical bonds.

Cyclohexanecarbaldehyde

An organic compound consisting of a cyclohexane ring attached to a formyl group (aldehyde), C6H11CHO.