Negotiable Instruments and Endorsements

Negotiable Instruments and Endorsements is an elearning course that defines the roles these financial instruments play in business interactions. You’re probably familiar with the term “negotiable instrument,” but what exactly is that? It’s defined as a written document guaranteeing the payment of a specific amount of money, either on demand or at a set time, to a specific person or to order to its bearer. In this course, we’ll explore common examples of negotiable instruments such as promissory notes and bills of exchange. You’ll identify four requirements a negotiable instrument must meet in order to be valid. Finally, we’ll examine the different types of endorsements and the transactions they cover.

This course includes a video with audio narration, and downloadable materials you can print for easy reference. A short quiz is provided so you can assess what you have learned. When you take this course, you’ll have a solid grasp on how negotiable instruments and endorsements work in business.