Exam 26: Liability,defenses,and Discharge

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Fact Pattern 26-1A (Questions A7-A8 apply) Seymour writes a check on his account at Platinum Bank to Teri to pay a debt.Teri negotiates the check by indorsement to Rosanna,who presents it for payment to Onyx Bank. -Refer to Fact Pattern 26-1A.Teri is

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Destruction or mutilation of a negotiable instrument by accident discharges it.

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