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It denotes an indorsement for some purpose other than

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24.It denotes an indorsement for some purpose other than to transfer the instrument:a. anomalousindorsement;c. irregularindorsement;b. abnormalindorsement;d. all of the above.
25. Which of the following renders the bill non-negotiable:
26. It is descriptive rather than restrictive:
27. This stipulation in a negotiable instrument renders uncertain the capacity of the holder and the sum tobe paid by him:
28. The unconditional order in a negotiable instrument means:a.Language of negotiability;c. A command;b.Authority to pay payee;d. An expression of consent to negotiate.
29. The instrument stating “Due to Ms. Ponce P5,000.00 or bearer upon the death of Mr. Chaplin” isnegotiable and an example of:
30. This negotiable instrument is aptly described as a substitute for money:
31. This instrument “Pay to the order of Ivy P2,000.00 and reimburse yourself from my commission withyou”is:

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Term
Fall
Professor
N/A
Tags
Negotiable instrument, c

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