This section is from the book "The Law Of Contracts", by William Herbert Page. Also available from Amazon: Commercial Contracts: A Practical Guide to Deals, Contracts, Agreements and Promises.
A negotiable contract must contain words of negotiability.1 The customary words of negotiability are: "or order," or "or bearer," but other words showing an intent that the contract might be transferred, such as "or assigns,"2 are sufficient.
 
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