Question: Question 1 9 ( 1 point ) Which of the following is correct regarding the proper negotiation of an instrument? Negotiation of both an order
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Which of the following is correct regarding the proper negotiation of an instrument?
Negotiation of both an order instrument and a bearer instrument is by delivery alone.
Negotiation of both an order instrument and a bearer instrument requires both endorsement and delivery.
Negotiation of an order instrument requires both endorsement and delivery, while negotiation of a bearer instrument is by delivery alone.
Negotiation of a bearer instrument requires both endorsement and delivery, while negotiation of an order instrument is by delivery alone.
Negotiation of both an order instrument and a bearer instrument requires both delivery and up to three business days for bank clearance.
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