Negotiable instruments payable to whoever is bearing them are known as ________ instruments.

A) Demand
B) Order
C) Transactional
D) Bearer
E) Payor

Bearer Instruments

Financial documents that accord ownership or payment to the person physically holding the document.

Payable

Refers to an amount of money that is owed by a person or company and is required to be paid to another party.

Bearing Them

Taking responsibility for or dealing with something, often implying a burden or hardship that must be endured.