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Which of the following is not a requirement for a drawer or endorser to be liable for an instrument? Multiple choice question. The instrument must

Which of the following is not a requirement for a drawer or endorser to be liable for an instrument? Multiple choice question. The instrument must be payable at a definite time. Notice of the dishonor must be given to the drawer. The holder of the instrument must present the instrument in a proper and timely fashion. The instrument must be dishonored

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