Which Statement Is True Regarding Negotiation of an Instrument

question 17

Multiple Choice

Which statement is true regarding negotiation of an instrument?

• A)Negotiation of an order instrument is by endorsement plus delivery,while negotiation of a bearer instrument is by delivery alone.
• B)Negotiation of a bearer instrument is by endorsement plus delivery,while negotiation of an order instrument is by delivery alone.
• C)Negotiation of both an order instrument and bearer instrument is by delivery alone.
• D)Negotiation of both an order instrument and a bearer instrument requires both delivery and an additional three days to allow for bank clearance.
• E)Negotiation of both an order instrument and bearer instrument require endorsement plus delivery.

---

Definitions:

"Shoulds"

Cognitive distortions characterized by beliefs about how one or others ought to behave, which can often lead to feelings of guilt or shame.

Difficult Feelings

Emotional experiences that are challenging to face or manage, such as sadness, anger, guilt, or anxiety.

Emergent Strategy

A strategy that develops over time in an organization in the absence of specific intentions, often in response to unexpected opportunities or challenges.

Unrealized Strategy

Plans or ambitions that have not been achieved or put into effect, especially in business or organizational contexts.