A transfer of a negotiable instrument cannot give a holder more rights than its prior possessor.
Correct Answer:
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Q6: A holder takes an instrument for value
Q7: An order instrument is negotiated by delivery
Q9: A transfer by negotiation can make it
Q10: A person who receives an instrument as
Q12: A blank indorsement converts a bearer instrument
Q13: The recipient of a negotiable instrument becomes
Q14: A blank indorsement can consist of a
Q14: A restrictive indorsement requires an indorsee to
Q15: A promise to give value in the
Q18: A payee whose name is misspelled on
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