Which of the following types of commercial paper requires only a delivery of the instrument to the holder by the payee?

A) A bearer instrument
B) An unqualified instrument
C) An order instrument
D) An unconditional instrument
E) A certified instrument

Bearer Instrument

An instrument payable to cash or to whoever is in possession of the instrument.

Commercial Paper

An unsecured, short-term debt instrument issued by corporations, typically used for the financing of accounts receivable, inventories, and meeting short-term liabilities.

Delivery

The process of transporting goods from one place to another or the act of transferring the possession of something.