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Which of the Following Is True Regarding a Drawee's Liability

Question 21

Multiple Choice

Which of the following is true regarding a drawee's liability on a check or a draft?


A) The drawee is primarily liable in all cases.
B) The drawee is secondarily liable because the holder must first proceed against the drawer.
C) The drawee is primarily liable if it accepts (certifies) a check.
D) The drawee is secondarily liable only in doubtful cases.

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