True/False
Any kind of notice of dishonor that informs the recipient of potential liability is sufficient.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q34: Parties that are usually secondarily liable for
Q35: All people who obtain payment or acceptance
Q36: Warranty liability applies to persons who:<br>A) transfer
Q41: An accommodation party's liability is determined by
Q42: A waiver of presentment will not waive
Q43: JimBob, a guest in Jimbo's house, opens
Q44: Warranties on presentment are the same regardless
Q45: By paying the holder on an instrument,a
Q53: To certify a check,the bank must:<br>A) tell
Q61: Discuss the effect of an unauthorized signature