menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Contemporary Business
  4. Exam
    Exam 21: Holder in Due Course and Liability of Parties
  5. Question
    The Signature of the Drawee Named in a Draft on the Face
Solved

The Signature of the Drawee Named in a Draft on the Face

Question 55

Question 55

True/False

The signature of the drawee named in a draft on the face of the draft or another location on the draft indicates that the signer is an acceptor of the draft.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q50: An accommodation party can sign:<br>A) only as

Q51: Under the Uniform Commercial Code's indorsers' liability

Q52: What are the two general kinds of

Q54: A holder in due course is a

Q56: Duress could be a personal or a

Q57: In order to become a holder in

Q58: The advantage of a holder in due

Q59: The signature on a negotiable instrument can

Q60: One cannot become a holder in due

Q93: Commercial paper held by a holder in

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines