Multiple Choice
Secondary liability is a ________ liability.
A) warranty
B) contingent
C) transfer
D) accidental
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q1: A(n)_ is a person who signs a
Q3: Which of the following is not considered
Q4: "Responsibility" with respect to instruments includes:<br>A)those who
Q5: What section of the UCC addresses enforcement
Q6: The transferor of which of the following
Q7: The obligation of an acceptor is:<br>A)to make
Q8: How can an indorser avoid secondary liability?<br>A)Ensure
Q9: The rationale for the impostor rule is
Q10: Jeff loans his childhood friend Dave $5,000.Dave
Q11: An indorser to a negotiable instrument is