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1. The rights given the original parties differ in the case of negotiation and assignment.

True

False

2. A blank indorsement converts order paper to holder paper.

True

False

3. A drawer is liable if a draft is only partially filled out and signed before delivery and the blanks are filled in according to instructions.

True

False

4. A holder of a demand promissory note may demand payment at any time and for any reason.

True

False

Operation Management, Management Studies

  • Category:- Operation Management
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