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Which of the statements is true about negotiable instruments

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Reference no: EM132952680

Problem 1: Which of the following statements is true about Negotiable Instruments?

(a) A written stop payment order is good for three months and is renewable

(b) A promissory note can have up to four parties

(c) Among the requirements of a Holder in Due Course is to give adequate value for the instrument

(d) A Holder in Due Course is always entitled to payment

Reference no: EM132952680

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