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    Business Law Study Set 3
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    Exam 27: Liability Defenses and Dischapterarge
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    Although the Purpose of Bankruptcy Is to Settle Finally All
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Although the Purpose of Bankruptcy Is to Settle Finally All

Question 54

Question 54

True/False

Although the purpose of bankruptcy is to settle finally all of the insolvent party's debts, a discharge in bankruptcy is not a valid defense against payment on an instrument to an HDC.

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