Solved

Fiona Writes a Check "Pay to the Order of Gerri

Question 46

Multiple Choice

Fiona writes a check "pay to the order of Gerri" drawn on Fiona's account at Home State Bank. Gerri presents the check for payment to Home State, which accepts it. Primarily liable on the check is​


A) ​Fiona.
B) ​Gerri.
C) ​Hearthstone.
D) ​none of the choices.

Correct Answer:

verifed

Verified

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

Related Questions

Q41: Jen is the maker of a note,

Q42: Flo is an administrative assistant with Global

Q43: An ordinary holder can recover nothing on

Q44: To properly present a draft for payment,

Q45: Rona issues a check for $4,000, dated

Q47: A person who signs an instrument without

Q48: The general law of agency does not

Q49: If delivery of goods becomes impossible, a

Q50: Resource Industries Inc.'s agent Polly is authorized

Q51: Nan, an accountant for Outdoor Outfitters, Inc.,