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If a Negotiable Instrument Is Payable on Demand,it Is Overdue

Question 21

Multiple Choice

If a negotiable instrument is payable on demand,it is overdue:


A) the day before the demand for payment has been made.
B) 30 days after the demand for payment has been made.
C) the day after demand for the payment has been made in a proper manner and form.
D) the week after payment has been demanded.

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