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Negotiable instruments (UCC Article 3) serve which of the following purposes?Check all that apply. ____The extension of credit ____As a substitute for cash ____To reduce

Negotiable instruments (UCC Article 3) serve which of the following purposes?Check all that apply.

____The extension of credit

____As a substitute for cash

____To reduce the holder's income tax liability

____As evidence of the holder's identity

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