A(n)________ is a party who signs an instrument to provide credit for another party who has also signed the instrument.
A)subrogation party
B)accommodation party
C)third party beneficiary
D)incidental beneficiary
E)intervenor

Question

Quizplus · Accepted Answer

According to Uniform Commercial Code Section 3-419(a),an accommodation party is a party who signs an instrument to provide credit for another party who has also signed the instrument.

A(n)________ Is a Party Who Signs an Instrument to Provide