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    Banking Services Management (BSM)
  4. Exam
    Exam 3: Banking and Negotiable Instrument
  5. Question
    Negotiation-Back Implies
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Negotiation-Back Implies

Question 18

Question 18

Multiple Choice

Negotiation-back implies


A) return of the instrument back of he person who indorsed it earlier
B) the endorser does not want the instrument to be indorsed back to him
C) the endorser does not want the endorsee to incur any expenses on endorser's account
D) none of the above

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