When a severe weather warning has been declared, a delay in notice of dishonor is excused to the reasonably diligent holder who was prevented from posting the notice.
Correct Answer:
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Q29: Which of the following is true of
Q30: Primary liability does not apply to issuers
Q31: An acceptance must be written on the
Q32: An accommodation party's liability is determined by
Q33: Warranties on presentment are the same regardless
Q35: The drawer is obligated to pay the
Q36: A waiver of presentment will waive the
Q37: By paying the holder on an instrument,
Q38: An accommodation maker is not liable on
Q39: Parties with secondary liability unconditionally promise to
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