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A system of shortening the trip a check makes from the payee…

A system of shortening the trip a check makes from the payee to the drawee bank and then to the drawer is called check ________.

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The right of the agent to be reimbursed by the principal for…

The right of the agent to be reimbursed by the principal for a loss incurred by the agent while carrying out his or her agency duties is the right to ________.

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When an assignment is made by acts of the parties, it:

When an assignment is made by acts of the parties, it:

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Warranties of the assignor include:

Warranties of the assignor include:

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A person to whom the promissee owes an obligation or duty th…

A person to whom the promissee owes an obligation or duty that will be discharged to the extent that the promisor performs the promise is called the ________ beneficiary.

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If a negotiable instrument is only partially filled in and s…

If a negotiable instrument is only partially filled in and signed before delivery:

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The act of transferring ownership of a negotiable instrument…

The act of transferring ownership of a negotiable instrument to another party is called ________.

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A coupon bond:

A coupon bond:

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A valid stop payment order on a check:

A valid stop payment order on a check:

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The person to whom any negotiable instrument is made payable…

The person to whom any negotiable instrument is made payable is called the ________.

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