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    Business Law Study Set 1
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    Exam 24: Liability,Defenses and Discharge
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    When a Drawee Accepts a Draft,the Drawee Becomes Secondarily Liable
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When a Drawee Accepts a Draft,the Drawee Becomes Secondarily Liable

Question 46

Question 46

True/False

When a drawee accepts a draft,the drawee becomes secondarily liable on the draft,because the drawer has the primary liability for payment.

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