Multiple Choice
A holder may:
A) demand payment.
B) bring suit for the collection of an instrument.
C) give a discharge or release from liability on the instrument.
D) all of the above.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q8: The primary party on a draft is
Q9: When the primary party refuses to pay
Q10: A holder in due course must meet
Q17: Under the _doctrine, the holder has taken
Q25: Manuel sued Patricia on a promissory note.
Q27: Fraud in the inducement is a:<br>A) limited
Q38: A holder can recover from any of
Q45: A universal defense will defeat a holder
Q48: Fraud as to the nature or essential
Q52: A person who acquires a negotiable instrument