A person who takes a negotiable instrument from a thief may become an HDC.
Correct Answer:
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Q8: A blank indorsement does not specify a
Q9: A purchaser cannot become an HDC of
Q10: If an instrument is acquired as part
Q11: A negotiable instrument cannot be transferred by
Q12: A person who does not qualify as
Q14: A demand instrument is overdue on the
Q15: A restrictive indorsement prohibits further negotiation of
Q16: An instrument is not defective because it
Q17: Any irregularity on the face of an
Q18: A payee whose name is misspelled on
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