_____ generally means failure by the obligor to pay on the instrument when presentment for payment is made.

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Dishonor refers to a situation where the obligor fails to pay on the instrument when presented for payment. Conversion is the unauthorized use of someone else's property, forgery is the unauthorized signing of a document, bankruptcy is a legal status of an individual or organization, and presentment is the act of presenting an instrument for payment.

_____ Generally Means Failure by the Obligor to Pay on the Instrument