The transfer of a negotiable instrument in such a manner that the transferee becomes a holder is known as:

A) assignment.
B) negotiation.
C) indorsement.
D) accommodation.

Negotiation

The process by which parties discuss their differences, with the aim of reaching an agreement or improving understanding.

Assignment

The passing of property or rights from one individual to another.

Indorsement

The act of signing one's name on the back of a cheque or other negotiable instrument to make it payable to someone else.