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What Are the Most Common Ways an Obligor on a Negotiable

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What are the most common ways an obligor on a negotiable instrument is discharged from his liability?


Definitions:

Hematite

An iron oxide mineral with a metallic luster and reddish-brown streak, commonly used as an ore of iron.

Magnetite

A magnetic mineral form of iron(II,III) oxide, often found in igneous and metamorphic rocks.

Quartz

A hard, crystalline mineral composed of silicon dioxide, widely used in jewelry and as an industrial abrasive.

Feldspar

A group of silicate minerals that are among the most abundant minerals in the Earth's crust, commonly found in igneous, metamorphic, and sedimentary rocks.

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