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Quentin Has Certain Friends That He Plays Soccer With, Certain

question 119

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Quentin has certain friends that he plays soccer with, certain friends that he hangs out with on the weekends, and certain friends that he invites over to his house. His brother Billy, on the other hand, has just one set of friends with whom he does everything. It is MOST likely that ____.


Definitions:

Restrictive Indorsement

A limitation placed on the transfer of a negotiable instrument, such as a check, which specifies the conditions under which it can be further negotiated.

Merchants Bancorp

An American banking company involved in providing banking and financial services.

Holder In Due Course

A person who acquires a negotiable instrument in good faith and for value, thus having certain protections against defenses and claims.

Assignee

The party to whom rights or property are transferred in an agreement.

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