menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Business Law Study Set 4
  4. Exam
    Exam 33: Liability of Parties
  5. Question
    The Drawee Does Not Have Liability on the Instrument Until
Solved

The Drawee Does Not Have Liability on the Instrument Until

Question 23

Question 23

Multiple Choice

The drawee does not have liability on the instrument until it ________ the instrument.


A) transfers
B) signs
C) negotiates
D) makes

Correct Answer:

verifed

Verified

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

Related Questions

Q18: A holder of a check or draft

Q19: Suzy asks Joe to fix her computer

Q20: Indorsers are not contractually liable on negotiable

Q21: Which of the following is true regarding

Q22: A person is _ if he has

Q24: The negotiable instruments of a corporation have

Q25: Susie Q.signs a promissory note with her

Q26: A(n)_ is a person who poses as

Q27: In Victory Clothing Co.v.Wachovia Bank,N.A. ,the case

Q28: Bob authorizes Steward to borrow money on

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