Zelda signs a promissory note for $2,500 to First Bank.At the request of both Zelda and the bank,Ann also signs the note as an accommodation maker.In this situation:
A) Zelda is primarily liable on the note.
B) Ann is primarily liable on the note.
C) Ann has secondary liability on the note
D) Two of the above, (a) and (b) , are correct.
E) Two of the above, (a) and (c) , are correct.
Correct Answer:
Verified
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