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Which of the Following Is Not Considered One of the Four

question 26

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Which of the following is not considered one of the four senses?


Definitions:

Forged Indorsement

A fraudulent signature, often on the back of a negotiable instrument like a check, intended to transfer its ownership.

Conversion

An unauthorized act that deprives an owner of their property without their approval, often involving theft or misuse of the property.

Required Indorsements

Signatures or stamps mandatory on certain documents to validate them or to transfer rights represented by such documents.

Holder in Due Course

A person who has acquired a negotiable instrument in good faith and for consideration, and thus has certain rights above the original parties to the instrument.

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