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    Exam 20: Negotiation, Endorsements, and Holder in Due Course
  5. Question
    The __________ Rule Provides That the Transferee of an Instrument
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The __________ Rule Provides That the Transferee of an Instrument

Question 23

Question 23

Multiple Choice

The __________ rule provides that the transferee of an instrument acquires the same rights that the transferor had.


A) parol evidence
B) shelter
C) maker
D) holder

Correct Answer:

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