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Which of the Following Actions Renders All Parties as Discharged

Question 69

Multiple Choice

Which of the following actions renders all parties as discharged from liability to a negotiable instrument?


A) when the instrument is presented for payment
B) when the signature of the indorser is intentionally struck out
C) when the instrument is accidentally destroyed or mutilated
D) when a drawee in good faith pays an unaccepted instrument in full to the holder

Correct Answer:

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