Question

Which of the following is true regarding negotiable instruments in England?

A. Promissory notes can be negotiated between parties.

B. Checks can be negotiated between parties.

C. Bills of exchange can be negotiated between parties.

D. Promissory notes can be negotiated between parties, checks can be negotiated between parties, and bills of exchange can be negotiated between parties.

E. Promissory notes and checks can be negotiated between parties, but bills of exchange cannot be negotiated between parties.

Answer

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