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    Business Law and the Regulation of Business Study Set 3
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    Exam 25: Transfer and Holder in Due Course
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    Maxine Indorsed Her Paycheck by Signing Her Name on the Back
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Maxine Indorsed Her Paycheck by Signing Her Name on the Back

Question 14

Question 14

True/False

Maxine indorsed her paycheck by signing her name on the back, but she lost it on the way to the bank. The check is now comparable to cash because it is a bearer instrument.

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