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:

Verified
Correct Answer:
Verified
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