Multiple Choice
In order to impose secondary liability,the following requirements must be met EXCEPT for which of the following?
A) The instrument is properly presented for payment.
B) The instrument is dishonored.
C) The reason that the instrument was dishonored is justified.
D) Timely notice of the dishonor is given to the party with secondary liability.
Correct Answer:

Verified
Correct Answer:
Verified
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