. " an instrument other than one described in subsection (a) or (b) is taken for an obligation, the effect is (i) that stated in subsection (a) if the instrument is one on which a bank is liable as maker or acceptor, or (ii) that stated in subsection (b) in any other case.History: 1992 c 565 s 38336.3-311 ACCORD AND SATISFACTION BY USE OF INSTRUMENT.(a) If a person against whom a claim is asserted pr" . . . .