The possessor of non-negotiable commercial paper has the same rightsno more, no lessas the person who made

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The possessor of non-negotiable commercial paper has the same rights—no more, no less—as the person who made the original contract.

The possessor of negotiable commercial paper has more rights than the person who made the original contract.

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Legal Environment

ISBN: 9780324537116

3rd Edition

Authors: Jeffrey F Beatty, Susan S Samuelson

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