Asked by Riley Jackson on Jul 25, 2024
Verified
A negotiable electronic document of title running to the order of a named person or to bearer is negotiated by delivery, which means voluntary transfer of control.
Negotiable Electronic Document
Electronic records that can be transferred from one party to another, assuming certain legal rights and obligations akin to a traditional paper document.
Voluntary Transfer
The intentional conveyance of property rights or titles from one party to another without coercion.
- Grasp the regulations governing the transfer and negotiation of negotiable documents of title.
Verified Answer
EP
Ellie PetersonJul 31, 2024
Final Answer :
True
Explanation :
Negotiation of a negotiable electronic document of title running to the order of a named person or to bearer is indeed achieved through delivery, which is the voluntary transfer of control from one party to another, as per the principles governing negotiable instruments and documents of title.
Learning Objectives
- Grasp the regulations governing the transfer and negotiation of negotiable documents of title.