True/False
When the drawee of an unaccepted draft or check pays to a holder the amount due in full, all parties to the instrument are discharged.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q9: When an instrument has a forged indorsement,
Q17: Rodeo Ranch's agent Slim is authorized to
Q18: Super Company's agent Tyra is authorized to
Q19: Fact Pattern 26-1B <br>Jake is the maker
Q20: Presentment war?ranties can be disclaimed with respect
Q21: GR8 Products, Inc., warrants its goods to
Q23: The completion of an originally incomplete instrument
Q24: An authorized agent may be personally liable
Q25: City Bank issues to Dave a cashier's
Q26: In general, an agent must clearly indicate