What does someone mean when he say bearer, order and demand instruments

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asked Sep 6, 2024 50.9k views

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Erickb · Answer 1 · 2024-09-12T15:47:40+0000

An order paper specifies the name of the individual to which payment of the instrument can be made. A bearer instrument is the opposite of an order instrument, as no individual is designated.

What does someone mean when he say bearer, order and demand instruments

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