A Party Liable on an Instrument Who Makes Proper Tender

question 40

True/False

A party liable on an instrument who makes proper tender of full payment to a person entitled to enforce the instrument is discharged from liability for the face amount of the instrument and for any interest accrued even if the tender is refused.

---

Definitions:

Interest in Existing

The inherent value or concern accorded to the state of being alive or existence itself.

Medical Research

The scientific study aimed at understanding human health and disease, developing treatments, and improving medical care.

Organ Allocation

This refers to the process and policies used to determine how organs are distributed to patients in need of a transplant.

Market Approach

A strategy or philosophy that emphasizes the role of market forces in shaping economic and policy outcomes, including within sectors like healthcare.