Multiple Choice
Fiona writes a check "pay to the order of Gerri" drawn on Fiona's account at Hearthstone Bank. Gerri presents the check for payment to Hearthstone,which accepts it. Primarily liable on the check is
A) Fiona.
B) Gerri.
C) Hearthstone.
D) none of the choices.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q2: Lenora signs a note "payable to the
Q3: Fanny signs a note "payable to the
Q8: Warranty liability arises only from a transferor's
Q10: Lewis makes a note payable to Milly.
Q11: Thalia signs an instrument unconditionally promising to
Q15: A check is a time instrument because
Q16: To be negotiable, an instrument must be
Q31: Gwen deposits $5,000 with Home State Bank
Q35: Any irregularity on the face of an
Q66: Lindsey, an accountant for Madison & Monroe,