Question: An instrument payable to two or more persons without an and or an or between the parties' names, such as a check payable

An instrument payable to two or more persons without an "and" or an "or" between the parties' names, such as a check "payable to the order of Gerhard Hans,"
a. requires the indorsement of only of the parties to be negotiated.
b. is nonnegotiable.
c. requires the indorsement of both of the parties to be negotiated.
d. must be converted to a bearer instrument to be negotiated.
An instrument payable to two or more persons without an "and"

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