Asked by Dharmesh Kharel on May 28, 2024
Verified
The requirements for negotiation are the same for both order paper and bearer paper.
Order Paper
Order Paper is a document listing the business or order of events to be discussed in parliamentary or legislative sessions.
Bearer Paper
A negotiable instrument or document that entitles the holder or bearer to rights or property stated in the document, without requiring endorsement.
- Clarify the difference between order paper and bearer paper, along with the negotiation techniques for each.
Verified Answer
AI
Adelia Ika pramestiMay 30, 2024
Final Answer :
False
Explanation :
The requirements for negotiation differ between order paper and bearer paper. Order paper requires endorsement and delivery to negotiate, while bearer paper only requires delivery.
Learning Objectives
- Clarify the difference between order paper and bearer paper, along with the negotiation techniques for each.