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The Code Provides an Exception to the Executory Promise Rule

Question 30

Multiple Choice

The Code provides an exception to the executory promise rule in:


A) the giving of a negotiable instrument.
B) the making of an irrevocable obligation to a third party.
C) the lack of notice.
D) Both the giving of a negotiable instrument  and the making of an irrevocable obligation to a third party  are correct.

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