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A Holder of a Negotiable Instrument Is

Question 47

Multiple Choice

A holder of a negotiable instrument is:


A) anyone who has possession of an instrument
B) anyone who is rightfully in possession of an instrument
C) anyone who is in possession of a bearer instrument or anyone who is in possession of an instrument payable to that person
D) anyone who is in possession of an instrument payable to that person
E) anyone who is in possession of an instrument payable to that person if the person has indorsed the instrument

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