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Ebony Possesses an Instrument That Is "Payable to Bearer

Question 56

Multiple Choice

Ebony possesses an instrument that is "payable to bearer." She loses it.Fyodor finds it.On this instrument,Fyodor may


A) collect payment.
B) not collect payment,because he did not give value for it.
C) not collect payment,because he found it.
D) not collect payment,because he is not the "bearer."

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