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  3. Study Set
    Fundamentals of Business Law Study Set 1
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    Exam 18: Negotiability, transferability, and Liability
  5. Question
    Ilsa Wants to Negotiate a Bearer Instrument in Her Possession
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Ilsa Wants to Negotiate a Bearer Instrument in Her Possession

Question 1

Question 1

Multiple Choice

Ilsa wants to negotiate a bearer instrument in her possession to Jia for an order instrument in Jia's possession.Indorsements are required to negotiate


A) bearer instruments and order instruments.
B) bearer instruments only.
C) neither bearer instruments nor order instruments.
D) order instruments only.

Correct Answer:

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