If Dora delivers a check payable to her order to Equity Bank without signing it and receives cash, the transfer is an assignment, not a negotiation.

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Elyssa Selte · Accepted Answer

Final Answer : True, Explanation :  For a transfer to be considered a negotiation when the instrument is payable to order, like in this case, it requires the endorsement of the holder (Dora). Without her signature on the check, the transfer of rights to the bank does not follow the process of negotiation but rather constitutes an assignment.

If Dora delivers a check payable to her order to Equity Bank without signing it and receives cash, the transfer is an assignment, not a negotiation.

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