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    Law for Business Study Set 1
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    Exam 39: Negotiation and Holder in Due Course
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    If an Instrument Is Payable to the Order of a Specific
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If an Instrument Is Payable to the Order of a Specific

Question 47

Question 47

Multiple Choice

If an instrument is payable to the order of a specific payee,it is called a(n) :


A) order paper.
B) bearer paper.
C) cashier's check.
D) teller's check.

Correct Answer:

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