What is a bearer paper?
What will be an ideal response?
Bearer paper is an instrument that either (1) contains on its face an order to pay the bearer or to pay in cash, or (2) contains as its last endorsement a so-called blank endorsement, that is, the signature of the payee or the signature of the last endorsee named in a special endorsement. Bearer paper is negotiated by delivery alone. The use of bearer paper is riskier than the use of order paper. If it is lost or stolen it must still be paid.
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To have any legal effect, plats drawn from the lot, block, and subdivision method must:
a. include a plat b. be pre-approved by the county or city before recordation c. be recorded d. all of the above
Which sentence is expressed correctly?
A) ?The five M's used to examine accidents in the transportation field are the following: Man, machine, medium, mission, and management. B) ?These individuals were the highest paid actors in 2014 according to Forbes: Robert Downey Jr., Dwayne Johnson, and Bradley Cooper. C) Many new-vehicle owners can now enjoy a special feature: They can use Wi-Fi to connect their smart devices and vehicles to the Internet.