Multiple Choice
Drawers of checks and drafts and unqualified indorsers of negotiable instruments have ________ on the instruments.
A) strict liability
B) no liability
C) secondary liability
D) primary liability
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q1: Gary asks his friend,Adam,to look after his
Q4: Which of the following is a universal
Q5: In which of the following conditions is
Q7: _ is a type of personal defense
Q9: Cameron,a purported agent,signs a contract and promissory
Q10: Material alteration,extreme duress,forgery,and mental incapacity are examples
Q11: Diana borrows $10,000 from Thomas and signs
Q32: What is transfer of an instrument?<br>A)the issuance
Q40: Under which of the following UCC requirements
Q69: Warranty liability is imposed whether or not