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    Business Law Principles and Practices
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    Exam 20: Issue, Transfer, Indorsement, and Discharge of Negotiable Instruments
  5. Question
    The First Transfer of a Negotiable Instrument to the Payee
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The First Transfer of a Negotiable Instrument to the Payee

Question 26

Question 26

True/False

The first transfer of a negotiable instrument to the payee (a holder) by the maker or drawer is called an issue.

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