Dulcey agrees to cosign a promissory note for Excavation Equipment Leasing & Sales to buy a backhoe. The note is payable to Federal Bank. Dulcey is an accommodation
A) drawee.
B) indorser.
C) maker.
D) drawer.
Correct Answer:
Verified
Q28: Ada is the maker of a note,
Q29: Kurt writes a check on his account
Q30: Jackson pays Phil in good faith for
Q32: Employment Personnel Company draws a check payable
Q34: Fiona writes a check "pay to the
Q34: Duke signs a note "payable to the
Q38: Fact Pattern 27-1B (Questions B6-B7 apply)
Charlton is
Q49: Celine issues a note "payable to the
Q52: Community Bank receives a check drawn by
Q58: Logan is Mining Corporation's agent and is
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents