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A Holder in Due Course May Discharge the Liability of the Parties

question 36

Multiple Choice

A holder in due course may discharge the liability of the parties to the instrument by:


Definitions:

Proactive Strategy

Meets all the criteria of social responsibility, including discretionary performance.

Economic Responsibility

The duty of businesses and organizations to contribute positively to the economic well-being of communities and societies in which they operate.

Discretionary Responsibility

The expectation for companies or individuals to make ethical decisions and contribute to societal well-being, beyond their economic and legal obligations.

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