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In order to "flow," negotiable instruments need to be transferred from person to person. The Form determines rights that can be asserted by each person gaining possession. Defines transfer as delivery by any person other than issuer for the purpose of giving the person receiving the instrument the right to enforce the instrument.
In order to "flow," negotiable instruments need to be transferred from person to person. The Form determines rights that can be asserted by each person gaining possession. Defines transfer a…