menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Smith and Robersons Business Law Study Set 1
  4. Exam
    Exam 28: Liability of Parties
  5. Question
    <Sub>48</sub><sub>
Solved

48

Question 58

Question 58

Multiple Choice

48. A(n) signs an instrument to lend his credit to an instrument, and his liability is determined by the capacity in
Which he signs.


A) indorser
B) accommodation party
C) authorized agent
D) maker

Correct Answer:

verifed

Verified

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

Related Questions

Q20: Presentment is a condition to the holder's

Q25: Presentment for payment is excused if the

Q30: Mary Lou takes her paycheck to Al's

Q46: Who is primarily liable on a note?<br>A)

Q47: Sarah has a checking account at First

Q47: An accommodation maker is not liable on

Q54: When a severe weather warning has been

Q56: The use of the qualifying word(s)<br>a. "accepted"<br>b.

Q59: All of the following except which one

Q61: Discuss the effect of an unauthorized signature

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