Bing signs a note payable to the order of Cameron.Cameron indorses the note and gives it to Daphne as payment for a debt.Daphne presents it to Bing,who pays it.Bing's payment discharges
A)all of the parties.
B)only Bing.
C)only Cameron.
D)only Daphne.

Question

Quizplus · Accepted Answer

When Bing pays the note, it discharges all parties involved in the transaction, including Bing, Cameron, and Daphne, as the obligation on the note is fulfilled.

Bing Signs a Note Payable to the Order of Cameron