Multiple Choice
A(n) ____ signs an instrument to lend his credit to an instrument,and his liability is determined by the capacity in which he signs.
A) indorser
B) accommodation party
C) authorized agent
D) maker
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q17: Discharge of liability on an instrument is
Q18: Paolo took a check written by Jack
Q19: Presentment for payment is one step necessary
Q20: Presentment is a condition to the holder's
Q21: If a person entitled to enforce an
Q23: Delay in notice may be excused if
Q24: Warranty liability applies to persons who:<br>A) transfer
Q25: Presentment for payment is excused if the
Q26: In all instances other than a drawee
Q27: Kelly wrote a check to Trish,which Trish