menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Business Law Study Set 7
  4. Exam
    Exam 24: Liability, Defenses, and Discharge
  5. Question
    Discharge of an Instrument by Payment Can Be Raised Against
Solved

Discharge of an Instrument by Payment Can Be Raised Against

Question 53

Question 53

True/False

Discharge of an instrument by payment can be raised against enforcement of a negotiable instrument by an ordinary holder.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q48: _ refers to a situation in which

Q49: Martha draws a check payable to the

Q50: An imposter is someone who impersonates a

Q51: Transfer warranties cannot be disclaimed if the

Q52: An unqualified indorser has secondary liability on

Q54: A check is only accepted once it

Q55: What is a transfer of an instrument?<br>A)

Q56: A purported principal is liable for an

Q57: Susan purchases goods by telephone from Parker.

Q58: A drawee is primarily liable on a

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines