A person is ________ if he has agreed to pay the negotiable instrument.
A) certifiably liable
B) secondarily liable
C) primarily liable
D) partially liable
Correct Answer:
Verified
Q16: The negotiable instruments of a corporation have
Q17: Indorsers are not contractually liable on negotiable
Q18: An indorser to a negotiable instrument is
Q19: The UCC provides for a transfer warranty
Q20: Dick steals a computer belonging to Tom
Q22: The obligation of an acceptor is:
A)to make
Q23: Tom steals Dave's checkbook, writes a check for
Q24: Jack received a check as payment for
Q25: Chin wants to buy a small parcel
Q26: The drawee does not have liability on
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