Question: QUESTION 4 How does negotiation differ from assignment? a . A party receiving an instrument by negotiation may obtain rights superior to those of the
QUESTION
How does negotiation differ from assignment?
a A party receiving an instrument by negotiation may obtain rights superior to those of the original holder.
b It consists of the right to receive payments.
c A party receiving an instrument by negotiation receives only the rights of the transferor and no more.
d It is the only mechanism by which a negotiable instrument may be transferred.
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