After notice of dishonor is received, how long do parties other than a collecting bank have in order to give notice of dishonor to a secondarily liable party?
A) It must be given before midnight of the next day.
B) It must be given within 48 hours.
C) It must be given within 7 days.
D) It must be given within 10 days.
E) It must be given within 30 days.
Correct Answer:
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