A negotiable instrument can only be transferred by negotiation.
Correct Answer:
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Q11: An instrument payable to two persons jointly
Q13: A person who acquires a check stamped
Q14: The shelter principle allows persons who formerly
Q15: Negotiation is a transfer in such form
Q17: A person who receives an instrument as
Q18: An executory promise does not constitute sufficient
Q19: For an ordinary holder to become an
Q20: An instrument is not defective simply because
Q21: To pay for investment advice from financial
Q39: A holder does not take an instrument
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