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    Exam 40: Liability of Parties
  5. Question
    An Indorser's Liability Is Discharged If the Check Is Not
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An Indorser's Liability Is Discharged If the Check Is Not

Question 50

Question 50

Multiple Choice

An indorser's liability is discharged if the check is not presented within _____ after the endorsement.


A) 15 days
B) 14 days
C) 30 days
D) 48 hours

Correct Answer:

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