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    Contemporary Business Law
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    Exam 21: Holder in Due Course and Liability of Parties
  5. Question
    Drawers of Checks and Drafts and Unqualified Indorsers of Negotiable
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Drawers of Checks and Drafts and Unqualified Indorsers of Negotiable

Question 6

Question 6

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

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