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Dirk Is the Maker of a Note,on Which Erv Is

Question 18

Multiple Choice

Dirk is the maker of a note,on which Erv is secondarily liable.Friendly Credit Company is the current holder of the note.Erv will be obli?gated to pay the note if


A) Dirk defaults on the note.
B) Friendly Credit breaches a transfer warranty.
C) Friendly Credit negotiates the note to a third party.
D) Friendly Credit presents the note for payment.

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