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Stebbins Transferred a Promissory Note to Hall When the Note

Question 49

Multiple Choice

Stebbins transferred a promissory note to Hall when the note was past due. Hall knew that the note was past due. This transfer


A) did not make Hall a holder in due course.
B) relieved the maker from liability.
C) limited the maker's liability.
D) gave Hall better title than Stebbins held.

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