What is the name of the party that accepts and signs a draft to agree to pay the draft when it is presented?
A) Maker
B) Acceptor
C) Drawer
D) Endorser
E) Promisor
Correct Answer:
Verified
Q21: When it is not possible to determine
Q22: A(n) _ promises to pay a set
Q23: Which of the following is true in
Q24: Which of the following is true regarding
Q25: A(n) _ is a party who has
Q27: Which of the following is true regarding
Q28: Under the UCC, how can proper presentment
Q29: Which of the following must occur for
Q30: Which of the following is true regarding
Q31: After notice of dishonor is received, how
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