The refusal to pay or accept an instrument when it becomes due is:
A) the shelter rule.
B) dishonor.
C) demand.
D) discharge.

Name: The refusal to pay or accept an instrument when it becomes due is: A) the shelter rule. B) dishonor. C) demand. D) discharge.
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Question

Quizplus · Accepted Answer

Dishonor refers to the refusal to pay or accept an instrument when it becomes due. The shelter rule, demand, and discharge are unrelated to this concept.

The Refusal to Pay or Accept an Instrument When It