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Due Negotiation Is

Question 39

Multiple Choice

Due negotiation is:


A) an encumbrance upon property to secure payment.
B) a claim allowed to one who furnishes labor, services, or materials to improve property.
C) a loan or cash advance secured by commodities, bills of lading, or warehouse receipts.
D) the transfer of commercial paper to a legitimate transferee, usually by indorsement.
E) a written document for items warehoused, serving as evidence of title to the stored goods.

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