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  3. Study Set
    Dynamic Business Law Study Set 1
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    Exam 26: Negotiable Instruments: Negotiability and Transferability
  5. Question
    ________ Is the Original Generic Term for the Documents Used
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________ Is the Original Generic Term for the Documents Used

Question 64

Question 64

Multiple Choice

________ is the original generic term for the documents used as payments to facilitate commercial transactions.


A) Negotiable instrument
B) Commercial paper
C) Promissory paper
D) Commerce note
E) Payment note

Correct Answer:

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