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A(n)________ Takes a Negotiable Instrument Free of All Personal Defenses,claims

Question 9

Multiple Choice

A(n) ________ takes a negotiable instrument free of all personal defenses,claims to the instrument,and claims in recoupment either of the obligor or of a third party.


A) holder in due course
B) holder
C) indorsee
D) transferee

Correct Answer:

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