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  3. Study Set
    Business Law with UCC Applications
  4. Exam
    Exam 16: The Nature of Negotiable Instruments
  5. Question
    If a Drawee Refuses to Pay an Unaccepted Draft,the Draft
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If a Drawee Refuses to Pay an Unaccepted Draft,the Draft

Question 4

Question 4

True/False

If a drawee refuses to pay an unaccepted draft,the draft is dishonored,and the drawee becomes liable for refusing to pay it.

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