menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Business Law Study Set 7
  4. Exam
    Exam 24: Liability, Defenses, and Discharge
  5. Question
    Discharge of an Instrument by Payment or Cancellation Is a Type
Solved

Discharge of an Instrument by Payment or Cancellation Is a Type

Question 40

Question 40

Multiple Choice

Discharge of an instrument by payment or cancellation is a type of ________.


A) warranty liability
B) transfer warranty
C) personal defense
D) universal defense

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q35: A person represented by an agent is

Q36: Which of the following is a characteristic

Q37: A(n) _ defense is a type of

Q38: Liability in which a person cannot be

Q39: The defense of breach of contract is

Q41: The payee of a cashier's check is

Q42: Calvin, a college student, wants to purchase

Q43: What are forged negotiable instruments?

Q44: A minor who does not misrepresent his

Q45: A presentment is a demand for the

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines