Parties with secondary liability to an instrument can only be sought after the instrument has been dishonored

Indicate whether the statement is true or false


True

Business

You might also like to view...

If the subject matter of a proposed contract is destroyed without the knowledge of either party after the making of an offer but before its acceptance, the offer cannot be terminated.

Answer the following statement true (T) or false (F)

Business

Give an example of how ski resorts increase demand during the summer months

What will be an ideal response?

Business

A wrong that arises from a violation of a private duty is called a: A)criminal action

B)tort. C)crime. D)de mala.

Business

Brokers generally stand in the same position as life insurance agents with respect to the legal power to bind the insurer to a life insurance contract

Indicate whether the statement is true or false

Business