Order paper must be endorsed as well as delivered to be negotiated.

Order Paper

A negotiable instrument that is payable to a specific individual or entity, as named or identified in the document.

Comprehend the function and prerequisites for endorsements when negotiating order instruments.

Verified Answer

Final Answer :

True

Explanation :

To be successfully negotiated,order paper must be endorsed as well as delivered.

Learning Objectives

Comprehend the function and prerequisites for endorsements when negotiating order instruments.