B is corrent because negotiation is the transfer of an instrument by the proper means so that the transferee becomes a "holder." Bearer paper may be negotiated by mere delivery of the instrument.
A is incorrect because, unlike order paper, bearer paper need not be endorsed to be negotiated.
A is incorrect because, unlike order paper, bearer paper need not be endorsed to be negotiated.
D is incorrect because, unlike order paper, bearer paper need not be endorsed to be negotiated.
|
