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  3. Study Set
    Contemporary Canadian Business Law
  4. Exam
    Exam 8: The Requirement of Consideration
  5. Question
    A Party Who Endorses a Bill of Exchange (E
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A Party Who Endorses a Bill of Exchange (E

Question 5

Question 5

True/False

A party who endorses a bill of exchange (e.g., a cheque) to enable another to negotiate it may not be held liable on the bill, even though no consideration was given as a result of the endorsement.

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