Question: 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

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.

is nonnegotiable.
b.

requires the indorsement of both of the parties to be negotiated.
c.

must be converted to a bearer instrument to be negotiated.
d.

requires the indorsement of only of the parties to be negotiated.

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