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The Indorser's Liability Is Discharged If the Check Is Not

Question 23

Multiple Choice

The indorser's liability is discharged if the check is not presented within:


A) 7 days after the date of endorsement.
B) 14 days after the date of endorsement.
C) 30 days after the date of endorsement.
D) 48 hours after the endorsement.

Correct Answer:

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