Question: Indicate whether the statement is true or false. A nonnegotiable note may be transferred, but it cannot be transferred to a holder in due course.

Indicate whether the statement is true or false.
A nonnegotiable note may be transferred, but it cannot be transferred to a holder in due course.
a. True
b. False
 Indicate whether the statement is true or false. A nonnegotiable note

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