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Which of the Following Is Bearer Paper

Question 27

Multiple Choice

Which of the following is bearer paper?


A) A check payable to the order of X and specially indorsed to Y.
B) A check payable to the order of X and indorsed in blank by X.
C) A check payable to the order of cash and specially indorsed by the person who received it.
D) A check payable to the order of cash to Y.

Correct Answer:

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