Negotiable Instruments

Ownership is transferred to the transferee by delivery if payable to bearer (correct)

Ownership is transferred by presentation to the bank

Ownership is transferred by notification to the payer

Ownership is transferred by endorsement and delivery if payable to order

Transfer the instrument to another person without any rights

Recover the money from the person liable on the instrument (correct)

Claim a double amount from the payer

Recover the money only from the original issuer

Has no advantage over the previous parties

Is not protected from any defects in the title

Gets a better title than the person from whom he acquired the title (correct)

Is not entitled to recover the amount from the payer

<p>By endorsement and delivery</p> Signup and view all the answers

<p>Ownership is transferred to the transferee by delivery if payable to bearer</p> Signup and view all the answers