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    Business Law and the Regulation of Business Study Set 2
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    Exam 26: Liability of Parties
  5. Question
    An Obligation to Pay a Negotiable Instrument Subject to Conditions
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An Obligation to Pay a Negotiable Instrument Subject to Conditions

Question 10

Question 10

Multiple Choice

An obligation to pay a negotiable instrument subject to conditions precedent is known as:


A) primary liability.
B) secondary liability.
C) acceptance.
D) dishonor.

Correct Answer:

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