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  3. Study Set
    Business Law and the Regulation of Business Study Set 2
  4. Exam
    Exam 26: Liability of Parties
  5. Question
    Discharge Applies to the Individual, Not to the Instrument, and a Person's
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Discharge Applies to the Individual, Not to the Instrument, and a Person's

Question 2

Question 2

True/False

Discharge applies to the individual, not to the instrument, and a person's liability may be discharged with regard to one party but not to another.

Correct Answer:

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