True/False
An instrument is dishonored when its acceptance is refused.
Correct Answer:
Verified
Related Questions
Q1: An indorser is secondarily liable on an
Q17: An unauthorized signature never binds the person
Q28: Gasqard owes $6,000 in unpaid taxes.On the
Q29: If a note is payable on a
Q30: Intentional destruction of a negotiable instrument cancels
Q31: Fraud in the execution occurs whenever someone
Q32: For an ordinary holder to become an
Q34: An acceptor is secondarily liable on an
Q37: A person can become an HDC only
Q38: Doug writes a check for $200 payable
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents