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Question
Jay is the holder and payee of a check drawn by Karen on Local Bank. Jay takes the check to the bank to have it certified. After certificationa. Karen is discharged on the check.
b. Karen is primarily liable on the check.
c. Local is discharged on the check.
d. Local is secondarily liable on the check.
Answer
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Related questions
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Fact Pattern 41-1
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Fact Pattern 41-1
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