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    Business Law Study Set 1
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    Exam 27: Liability, Defenses, and Discharge
  5. Question
    On Drafts and Checks, a Drawer's Secondary Liability Does Not
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On Drafts and Checks, a Drawer's Secondary Liability Does Not

Question 27

Question 27

True/False

On drafts and checks, a drawer's secondary liability does not arise until the drawer fails to pay or to accept the instrument.

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