Solved

Fact Pattern 25-3 To Borrow the Funds to Pay Tuition at Alpha College

Question 12

Multiple Choice

Fact Pattern 25-3
To borrow the funds to pay tuition at Alpha College, Bea signs an instrument unconditionally promising to pay to "Country Loan Corporation" $7,500 with interest in installments with the final payment due June 1, 2030.
-Refer to Fact Pattern 25-3. With respect to this instrument, Bea is


A) ​the drawee.
B) ​the indorser.
C) ​the maker.
D) ​the payee.

Correct Answer:

verifed

Verified

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

Related Questions