An accommodation maker is not primarily liable on a note.
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Q5: When acceptance or payment is refused after
Q6: If presentment is delayed, the drawer may
Q7: Agents are discouraged from signing instruments on
Q8: For an unaccepted draft, the drawer's liability
Q9: Authorized signatures are not binding if negligence
Q11: Liability can also arise by warranty.
Q12: Unlike primary liability, secondary liability is conditional,
Q13: Bank returns a check for lack of
Q14: Presentment cannot be excused even if the
Q15: For contract liability purposes, signing parties are
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