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    Essentials of Business Law and the Legal Environment Study Set 2
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    Exam 24: Form and Content
  5. Question
    Jake Signed and Delivered a Negotiable Promissory Note Payable to Nancy
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Jake Signed and Delivered a Negotiable Promissory Note Payable to Nancy

Question 52

Question 52

True/False

Jake signed and delivered a negotiable promissory note payable to Nancy. Nancy negotiated the note to Fred. Fred now has the same legal status as an assignee of a contract.

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