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Question
When an instrument has a forged indorsement, the loss usually falls on the first party to take the instrument.Answer
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A borrower has the right to purchase the property after default by paying the full amount of the debt, plus any interest and costs that have accrued.
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A director usually serves on a corporation's board for a life term.
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An individual director does not act as an agent to bind the corporation.
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A.contribute to the operations of national stock exchanges.
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