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  2. Topic
    Business
  3. Study Set
    Dynamic Business Law Study Set 2
  4. Exam
    Exam 18: Holder in Due Course, Liability, and Defenses
  5. Question
    The Person Who Fails to Make Payments as Scheduled Is
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The Person Who Fails to Make Payments as Scheduled Is

Question 1

Question 1

True/False

The person who fails to make payments as scheduled is said to have defaulted on a loan.

Correct Answer:

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