ponse. Question 4 What is the difference between an instrument transferred by assignment versus transfer by negotiation? O a. Assignment gives the transferee only those rights held by the transferor, no more, no less b. Negotiation has the ability to convey more rights to a subsequent holder than those held by the transferor. c. Assignment has the ability to convey more rights to the transferee than those held by the transferor. d. It depends on what kind of negotiation takes place, that is, whether the consideration paid for the instrument is fair and reasonable