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On January 1,Klancy Issues a Note Payable to Lorena on May

Question 31

Multiple Choice

On January 1,Klancy issues a note payable to Lorena on May 1.On April 29,Klancy dies.In this situation


A) the note is considered dishonored.
B) the payment on the note is due immediately.
C) the payment on the note is postponed indefinitely.
D) the required presentment is excused.

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