How Does Negotiation Differ from Assignment

question 4

Multiple Choice

How does negotiation differ from assignment?

• A)It consists of the right to receive payments.
• B)It is the only mechanism by which a negotiable instrument may be transferred.
• C)A party receiving an instrument by negotiation may obtain rights superior to those of the original holder.
• D)A party receiving an instrument by negotiation receives only the rights of the transferor and no more.

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