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Farnsworth Has an Instrument Which Was Made "Payable to Bearer

Question 43

Multiple Choice

Farnsworth has an instrument which was made "Payable to bearer." She loses the instrument, but it is found by Mellon. Mellon may


A) collect payment on the instrument.
B) not collect payment because he gave no value for it.
C) not collect payment on the instrument because he only found it.
D) none of these.

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