The Refusal to Pay or Accept an Instrument When It

question 20

Multiple Choice

The refusal to pay or accept an instrument when it becomes due is known as:

• A)the shelter rule.
• B)dishonor.
• C)being overdue.
• D)subject to claim or defense.

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Definitions:

Influence

The capacity to have an effect on the behavior, development, or character of someone or something.

Value

The importance, worth, or usefulness of something, often determining its desirability or the principles held by individuals or organizations.

Positive Face

The desire or need of an individual to be appreciated and approved by others in social interactions.

Effective Leadership

The ability to inspire and guide individuals or teams towards achieving a common goal through compelling vision, motivation, and strategic action.