Fagan, who held Slick's $500 three-month promissory note dated November 10, presented it to Slick on February 25 and demanded payment. Slick refused to pay it, claiming that presentment had not been made on the proper date. Can Fagan still legally collect on the instrument?
a. Yes; the liability of primary parties is unconditional.
b. Yes; the liability of primary parties is conditional.
c. No; Slick is a secondary party.
d. No, because Slick is the payee.
A
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