True/False
An accommodation maker is not liable on a note since he only agreed to sign as a favor to the maker.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q42: Once a check is issued,the drawee bank
Q43: Which of the following is a warranty
Q44: Tanika has a checking account at First
Q45: By paying the holder on an instrument,a
Q46: Who is primarily liable on a note?<br>A)
Q48: Before an indorser can be held responsible
Q49: How can drawers and indorsers disclaim liability
Q50: If a holder presents a note for
Q51: If an agent is authorized to execute
Q52: If a drawee bank pays an instrument