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    Business Law Study Set 3
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    Exam 27: Liability Defenses and Dischapterarge
  5. Question
    A Delay in Payment or a Refusal to Pay an Instrument
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A Delay in Payment or a Refusal to Pay an Instrument

Question 17

Question 17

True/False

A delay in payment or a refusal to pay an instrument when it is returned because it lacks a proper indorsement is a dishonor of the instrument.

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