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Plumbing & Pipes Supply Company Issues a Promissory Note as a Demand

Question 30

Multiple Choice

Plumbing & Pipes Supply Company issues a promissory note as a demand instrument with a due date of October 5. Quantum Loan Company accepts the note. Quantum Loan has notice that the note is overdue if the firm takes the note


A) after October 5.
B) before October 5.
C) on October 5.
D) at any time.

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