A negotiable instrument is only as good as the person who originally created it. If that person
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“A negotiable instrument is only as good as the person who originally created it. If that person has no money, the person who holds the negotiable instrument cannot possibly obtain payment under the instrument.” Is that statement true? Explain your answer.
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The statement is not true The person who creates a negotiable instrument is primarily liable to make ...View the full answer
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Related Book For
Managing the Law The Legal Aspects of Doing Business
ISBN: 978-0132164429
4th edition
Authors: Mitchell McInnes, Ian R. Kerr, J. Anthony VanDuzer
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