Because liability for payment on a negotiable instrument is immediate when the instrument is signed or issued, no action by the holder is required.

Name: Because liability for payment on a negotiable instrument is immediate when the instrument is signed or issued, no action by the holder is required.
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The Answer of Because liability for payment on a negotiable instrument is immediate when the instrument is signed or issued, no action by the holder is required.

Because Liability for Payment on a Negotiable Instrument Is Immediate