A blank indorsement converts order paper to bearer paper

A blank indorsement converts order paper to bearer paper

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Reference no: EM131665118

1. A blank indorsement converts order paper to bearer paper.

True

False

2. There are no formalities to being and operating a sole proprietorship.

True

False

3. There are no formalities to being and operating a sole proprietorship.

True

False

Reference no: EM131665118

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Original parties differ in the case of negotiation : The rights given the original parties differ in the case of negotiation and assignment. A blank indorsement converts order paper to holder paper.

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