Fact Pattern 15-3
To borrow the funds to pay tuition at Alpha College, Bea signs an instrument unconditionally promising to pay to "Country Loan Corporation" $7,500 with interest in installments with the final payment due June 1, 2030.
-Refer to Fact Pattern 15-3.With respect to this instrument, Country Bank is
A) the drawee.
B) the indorser.
C) the maker.
D) the payee.
Correct Answer:
Verified
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