True/False
Failure to give notice of dishonor will discharge the drawer from having to pay on the instrument.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q10: A check is dishonored if:<br>A) it is
Q11: Zelda signs a note for $500 to
Q12: In the banking system,the time for dishonor
Q13: A bank must give notice of dishonor
Q14: Elliot's payroll check was made payable "to
Q16: William draws a check on City Bank
Q17: Discharge of liability on an instrument is
Q18: Paolo took a check written by Jack
Q19: Presentment for payment is one step necessary
Q20: Presentment is a condition to the holder's