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    Exam 21: Holder in Due Course and Liability of Parties
  5. Question
    An Accommodation Party Who Signs an Instrument Guaranteeing Payment Is
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An Accommodation Party Who Signs an Instrument Guaranteeing Payment Is

Question 111

Question 111

Multiple Choice

An accommodation party who signs an instrument guaranteeing payment is ________ liable on the instrument.


A) primarily
B) secondarily
C) conditionally
D) never
E) exclusively

Correct Answer:

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