Failure to present an instrument on time is not improper presentment.
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Q4: An authorized agent binds a principal on
Q7: A maker is secondarily liable on an
Q13: Dishonor occurs if payment of an instrument
Q14: To properly present a draft for payment,the
Q15: A signature can be made by use
Q16: Signature liability is contingent liability.
Q17: Personal defenses are used to avoid payment
Q30: Presentment warranties protect the person to whom
Q37: Discharge in bankruptcy is no defense on
Q40: An ordinary holder can recover nothing on
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