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    Legal Fundamentals for Canadian Business Study Set 1
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    Exam 4: Enforcing Contractual Obligations
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    If Jones Receives a Promissory Note from Smith and Passes
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If Jones Receives a Promissory Note from Smith and Passes

Question 111

Question 111

True/False

If Jones receives a promissory note from Smith and passes it on to Green,who qualifies as a holder in due course,Green is the receiver of assigned contractual rights and is in the same position as Jones.

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