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    Business Law
  4. Exam
    Exam 28: Kinds of Instruments, parties, and Negotiability
  5. Question
    A Payee Is Not Liable on an Instrument Until the Payee
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A Payee Is Not Liable on an Instrument Until the Payee

Question 20

Question 20

True/False

A payee is not liable on an instrument until the payee transfers the instrument to someone else.

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