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    Exam 40: Liability of Parties
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    Liability on Negotiable Instruments Flows From
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Liability on Negotiable Instruments Flows From

Question 15

Question 15

Multiple Choice

Liability on negotiable instruments flows from:


A) proper payment of the instrument.
B) signatures on the instruments.
C) non-presentment of an instrument.
D) writing "without recourse" on the instrument.

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