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    Business
  3. Study Set
    Business Law
  4. Exam
    Exam 29: Transfers of Negotiable Instruments and Warranties of Parties
  5. Question
    If an Instrument Is Drawn in Favor of an Officer
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If an Instrument Is Drawn in Favor of an Officer

Question 1

Question 1

True/False

If an instrument is drawn in favor of an officer of a named corporation,the instrument is payable to the corporation,the officer,or any successor to such officer.

Correct Answer:

verifed

Verified

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