Indorsement of a Negotiable Instrument

Indorsement of a Negotiable Instrument

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Interactive Video

Business, Social Studies

University

Hard

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The video tutorial discusses the concepts of negotiation and endorsement in the transfer of commercial paper. It explains the role of the endorser in assuring the transferee of the paper's validity and enforceability. The tutorial highlights that not all instruments require endorsement for negotiation, particularly bearer paper, which can be transferred without endorsement. It also introduces the concept of endorser liability and the importance of endorsement in ensuring certain rights. Additionally, the video touches on special and restrictive endorsements that can limit the endorser's liability and the holder's rights.

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OPEN ENDED QUESTION

3 mins • 1 pt

What new insight or understanding did you gain from this video?

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