Question
Larson issued a promissory note payable to the order of Martin. The note was due and payable on August 15, 2019, at Larsons office. Martin
Larson issued a promissory note payable to the order of Martin. The note was due and payable on August 15, 2019, at Larsons office. Martin indorsed the note to Newman. The day before the note was due, a severe snowstorm prevented Newman from traveling to Larsons office for two days. Therefore, Newman could not make presentment of the note at Larsons office until August 16, at which time Larson refused to pay. Newman immediately sent notice of dishonor to Martin. Newman sued Martin, who defended on the ground of Newmans failure to make presentment when due. What will the outcome be?
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