Franz Signs a $1,000 Note Payable to ABC Bank

Multiple Choice

Franz signs a $1,000 note payable to ABC Bank.To help Franz get the loan approved, Amy also signs the note as an accommodation maker.Amy:

A) has $500 of liability to the bank and Franz has $500 of liability.
B) and Franz both have primary liability on the note.
C) has the same liability as that of an accommodation indorser on a check.
D) has secondary liability on the note.