menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Business Law
  4. Exam
    Exam 26: Liability For Negotiable Instruments
  5. Question
    Which of the Following Parties Has Primary Liability on a Draft
Solved

Which of the Following Parties Has Primary Liability on a Draft

Question 10

Question 10

Multiple Choice

Which of the following parties has primary liability on a draft?


A) The drawee.
B) The acceptor.
C) The drawer.
D) Any accommodation parties.

Correct Answer:

verifed

Verified

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

Related Questions

Q3: A drawee has primarily liability on a

Q5: Olga draws a check payable to Sven.Sven

Q6: Mona co-signs a promissory note with her

Q9: Jessie is the maker of a $1000

Q9: Micah signed a check in the lower

Q11: A check was indorsed as follows:<br> Jessica Hall<br> without

Q14: When a negotiable instrument is transferred,the transferor

Q15: In the case of In re Couchot,the

Q33: Mack writes a check to his maid,Marianne,in

Q35: Warranty liability is the liability of someone

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