A subsequent holder of a negotiable instrument may cause the discharge of a prior holder of the…

July 19, 2020/in Management File 4 /by Brainy

A subsequent holder of a negotiable instrument may cause the discharge of a prior holder of the instrument by any of the following actions except Unexcused delay in presentment of a time draft. Procuring certification of a check. Giving notice of dishonor the day after dishonor. Material alteration of a note.