Asked by Julia Ellinghaus on May 12, 2024

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For negotiation, which of the following types of paper require delivery and an endorsement by the holder?

A) Bearer
B) Delivery
C) Order
D) Transfer
E) Acknowledgement

Order Paper

Order Paper is a term used primarily in parliamentary contexts, detailing the day's agenda and the order in which business, such as proposed legislation, will be addressed.

Negotiation

The process by which parties come together to try to reach an agreement on a disputed or potentially disputed matter.

Endorsement

An act of giving one's public approval or support to someone or something, or a signature authorizing the legal transfer of a negotiable document.

  • Identify the requirements and effects of negotiation for different types of negotiable instruments.
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OS
Olinda SalillariMay 14, 2024
Final Answer :
C
Explanation :
Order paper requires delivery and an endorsement by the holder to be negotiated. This means the paper must be physically handed over and endorsed (signed) by the person transferring it to the new holder.