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    Exam 20: Negotiation, Endorsements, and Holder in Due Course
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    A Negotiable Instrument May Only Be Transferred to the Party
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A Negotiable Instrument May Only Be Transferred to the Party

Question 18

Question 18

Multiple Choice

A negotiable instrument may only be transferred to the party the __________ intended as a holder.


A) lendor
B) investor
C) offeror
D) transferor

Correct Answer:

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