The Transfer of an Instrument

question 41

Multiple Choice

The transfer of an instrument:

• A)vests in the transferee any right of the transferor,to enforce the instrument.
• B)bars the transferee from attaining the rights of the transferor.
• C)vests in the payor any right of the transferor,to enforce the instrument.
• D)bars the transferor to pass on his rights to the transferee.

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