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Which of the Following Is True Regarding How an Accommodation

Question 36

Multiple Choice

Which of the following is true regarding how an accommodation party may sign an instrument?


A) An accommodation party may sign an instrument only as a maker.
B) An accommodation party may sign an instrument only as a maker or a drawer.
C) An accommodation party may sign an instrument only as a maker or acceptor.
D) An accommodation party may sign an instrument only as an endorser or acceptor.
E) An accommodation party may sign an instrument as a maker, drawer, acceptor, or endorser.

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