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    Exam 25: Transferability and Holder in Due Course
  5. Question
    The Effect of a Conditional Indorsement on the Back of an Instrument
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The Effect of a Conditional Indorsement on the Back of an Instrument

Question 16

Question 16

True/False

The effect of a conditional indorsement on the back of an instrument is the same as the effect of conditional language that appears on its face.

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