MCQOPTIONS
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| 1. |
Negotiation-back implies |
| A. | return of the instrument back of he person who indorsed it earlier |
| B. | the endorser does not want the instrument to be indorsed back to him |
| C. | the endorser does not want the endorsee to incur any expenses on endorser’s account |
| D. | none of the above |
| Answer» B. the endorser does not want the instrument to be indorsed back to him | |