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Question
If an order instrument is transferred without indorsement, then the instrument:
A. is deemed to have been negotiated and the bank can qualify as a holder.
B. has not been negotiated and the transferee cannot qualify as a holder.
C. is deemed to have been negotiated and the transferee can qualify as a holder.
D. has been transferred and the bank and the transferee can qualify as a holder.
Answer
This answer is hidden. It contains 179 characters.
Related questions
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