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    Exam 27: Kinds of Negotiable Instruments and Negotiability
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    If an Instrument Is Nonnegotiable, the Rights of the Parties
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If an Instrument Is Nonnegotiable, the Rights of the Parties

Question 15

Question 15

True/False

If an instrument is nonnegotiable, the rights of the parties are governed by the general principles of contract law.

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