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John writes a check to ABC car dealership to purchase an automobile. ABC endorses to the check over to Bill, their parts manager because the
John writes a check to ABC car dealership to purchase an automobile. ABC endorses to the check over to Bill, their parts manager because the amount of the check is equal to his monthly bonus. John stops payment on the check and Bill is unaware of any of the circumstances surrounding the purchase of the automobile. Is there a holder in due course and who is it?
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