NLMBScorpion1148 NLMBScorpion1148

18-05-2023
Business

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Jen is the maker of a note, on which Bart is secondarily liable. Credit Instruments Company (CIC) is the current holder of the note. Bart will be obligated to pay the note if
a. CIC negotiates the note to Delta Collection Agency, a third party.
b. Jen defaults on the note.
c. CIC breaches a transfer warranty.
d. CIC presents the note for payment.

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