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    Business Law Study Set 3
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    Exam 27: Liability Defenses and Dischapterarge
  5. Question
    Because Liability for Payment on a Negotiable Instrument Is Immediate
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Because Liability for Payment on a Negotiable Instrument Is Immediate

Question 52

Question 52

True/False

Because liability for payment on a negotiable instrument is immediate when the instrument is signed or issued, no action by the holder is required.

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