Who is primarily liable on a note?
A) The maker
B) The indorsers
C) The drawee bank
D) The holder
Correct Answer:
Verified
Q29: Elliot's payroll check was made payable "to
Q30: If a drawee bank pays an instrument
Q31: Discharge of liability on an instrument is
Q32: If an agent is authorized to execute
Q33: When a severe weather warning has been
Q35: Mary Lou takes her paycheck to Al's
Q36: Charles is the holder of a promissory
Q37: Dan signs a note "Dan Mason,Agent" without
Q38: A party liable on an instrument who
Q39: An accommodation maker is not liable on
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents