menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Essentials of Business Law and the Legal Environment Study Set 1
  4. Exam
    Exam 26: Liability of Parties
  5. Question
    Morgan Is the Maker of a Promissory Note Payable to Hillary
Solved

Morgan Is the Maker of a Promissory Note Payable to Hillary

Question 3

Question 3

True/False

Morgan is the maker of a promissory note payable to Hillary on August 29.If Hillary fails to make proper presentment of the note to Morgan on August 29, Morgan's liability on the note is not affected.

Correct Answer:

verifed

Verified

Related Questions

Q2: Discharge applies to the individual, not to

Q4: Arthur is the payee of a negotiable

Q5: Sarah has a checking account at First

Q7: a.What warranties are given by an indorser?

Q10: Brad wrote a check to Clara for

Q21: Under Revised Article 3 of the UCC,

Q31: The time for dishonor of a check

Q35: All people who obtain payment or acceptance

Q45: By paying the holder on an instrument,a

Q57: Unauthorized signatures include both forgeries and signatures

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines