Which of the following is true regarding liability on negotiable instruments?
A) Makers and acceptors are primarily liable for a negotiable instrument,while drawers and endorsers are secondarily liable
B) Drawers and endorsers are primarily liable for a negotiable instrument,while makers and acceptors are secondarily liable
C) Makers and drawers are primarily liable for a negotiable instrument,while acceptors and endorsers are secondarily liable
D) Acceptors and endorsers are primarily liable for a negotiable instrument,while makers and drawers are secondarily liable
E) Makers,acceptors,drawers,and endorsers are all secondarily liable for a negotiable instrument.
Correct Answer:
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