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Wanda Makes a Note Payable to Henry in Return for Henry's

Question 34

Multiple Choice

Wanda makes a note payable to Henry in return for Henry's car.Henry negotiates the note to his cousin,Sharon,who accidentally drops it on the floor where it is swept into the garbage.What effect?


A) The note is canceled.
B) The note is ineffective.
C) The obligation is discharged.
D) The obligation is not affected.

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