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Zelda Signs a Note for $500 to First Bank

Question 11

Multiple Choice

Zelda signs a note for $500 to First Bank.If,at the request of both Zelda and the Bank,Ann also signs the note as an accommodation maker:


A) Zelda is primarily liable on the note;Ann has secondary liability on the note.
B) Ann is primarily liable on the note;Zelda has secondary liability on the note.
C) Ann has primary liability on the note;no one has secondary liability.
D) Zelda is primarily liable on the note;no one has secondary liability.

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