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Negotiable' means transferable. In the case of a negotiable instrument Negotiation can take place from one person to another: a)by mere delivery or by endorsement

Negotiable' means transferable. In the case of a negotiable instrument Negotiation can take place from one person to another:

a)by mere delivery or by endorsement and delivery.

b)only by endorsement and delivery.

c)all negotiable instruments cannot be negotiated

d)negotiation of a negotiable instrument cannot take place by mere delivery

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