menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    The Law and Business
  4. Exam
    Exam 19: Negotiable Instruments
  5. Question
    Delivery of a Negotiable Instrument in Payment
Solved

Delivery of a Negotiable Instrument in Payment

Question 10

Question 10

Multiple Choice

Delivery of a negotiable instrument in payment


A) is only a conditional discharge.
B) is an acceptance.
C) is a guarantee of payment.
D) completely discharges the debt.
E) indemnifies the payor.

Correct Answer:

verifed

Verified

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

Related Questions

Q5: Use the fact situation above to answer

Q6: Explain the nature of the liability of

Q7: If a holder takes an instrument knowing

Q8: Given that the majority of negotiable instruments

Q9: Albert,a supplier of goods,owes George $2000.00.Albert gives

Q11: Negotiable instruments are different from other contracts.Explain

Q12: Only real defences can be used to

Q13: Delivery of a bill may be actual

Q14: Explain why putting a stop payment on

Q15: Who is a holder in due course,and

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