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.
Correct Answer:

Verified
Correct Answer:
Verified
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