menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Dynamic Business Law
  4. Exam
    Exam 28: Liability, defenses, and Discharge
  5. Question
    What Is the Name of the Party That Promises to Pay
Solved

What Is the Name of the Party That Promises to Pay

Question 29

Question 29

Multiple Choice

What is the name of the party that promises to pay a set sum to the holder of a promissory note or certificate of deposit?


A) Maker
B) Endorser
C) Promisor
D) Drawer
E) Acceptor

Correct Answer:

verifed

Verified

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

Related Questions

Q25: What is the name of the party

Q26: To hold an endorser secondarily liable on

Q27: If,instead of demanding payment on the note,Tonya

Q28: Which of the following is true in

Q30: Violet has authority to act on behalf

Q31: Which of the following statements is true

Q32: Real defenses apply to _,whereas personal defenses

Q33: When a party is tricked into signing

Q34: Which of the following is true regarding

Q81: Discuss whether an authorized agent can be

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