Pete Daoust, UCC says that if you offer any form of security instrument to discharge a debt, and it is refused by the issuer of the Bill of Exchange, it will be considered as discharged.
Printed copy · Anthology Volume 3, page 1175Printed copy from The Tender For Law Anthology, Volume 3, page 1175 (printed 13 June 2014). Added by this site; not part of the Facebook export.