Fiona writes a check "pay to the order of Gerri" drawn on Fiona's account at Home State Bank. Gerri presents the check for payment to Home State, which ac?cepts it. Primarily liable on the check is
A) Fiona.
B) Gerri.
C) Home State.
D) none of the choices.

Question

Quizplus · Accepted Answer

Home State Bank is primarily liable because it accepted the check, meaning it has agreed to pay the amount on the check when it is presented.

Fiona Writes a Check "Pay to the Order of Gerri