Multiple Choice
Assuming there is proper presentment and notice of dishonor,can Bernard be held liable on the promissory note?
A) Garren has no recourse since he is not a holder in due course.
B) No,only Dexter can be held liable.
C) Yes,and he can sue Dexter who is primarily liable for the note.
D) No,because he is not primarily liable.
E) Yes,but he has no recourse against Dexter.
Correct Answer:

Verified
Correct Answer:
Verified
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