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    Business Law and the Regulation of Business Study Set 2
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    Exam 25: Transfer and Holder in Due Course
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    If a Person Paying an Instrument Subject to the Impostor
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If a Person Paying an Instrument Subject to the Impostor

Question 70

Question 70

True/False

If a person paying an instrument subject to the impostor rule fails to exercise ordinary care, the issuer may recover from the payor to the extent the payor's negligence contributed to the loss.

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