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Laptop Assembly Company Gives a $3,000 Promissory Note to My-T-Fast

Question 70

Multiple Choice

Laptop Assembly Company gives a $3,000 promissory note to My-T-Fast Delivery Service to de?liver a load of computer chips to Laptop's plant. The chips are contami?nated during transit, and are useless to Laptop on delivery. Laptop's best defense to payment on the note is


A) breach of warranty.
B) failure of consideration.
C) illegality.
D) nondelivery of an instrument.

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