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After Initially Receiving Notice of Dishonor,when Must Parties Other Than

Question 25

Multiple Choice

After initially receiving notice of dishonor,when must parties other than a collection bank give notice of dishonor to a secondarily liable party?

A) Before midnight of the next day
B) Within 48 hours
C) Within 7 days
D) Within 10 days
E) Within 30 days

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