An accommodation party on a negotiable instrument
A)typically receives a direct benefit from the instrument
B)is always primarily liable for the instrument
C)is the same as a "guarantor" under the UCC.
D)has the same liability to a holder as the person for whom he signed.
D
You might also like to view...
The _____ occurs when ratings of all employees fall at the high end of the scale.
A. leniency error B. recency effect C. primacy effect D. central tendency error
In an unconstrained nonlinear programming problem, we have a single nonlinear objective function and no constraints
Indicate whether this statement is true or false.
The statement "If you wash my car, I will pay you $10" is an example of an offer to form a bilateral contract
Indicate whether the statement is true or false
It is a violation of federal law to sell a pesticide or herbicide that has a chemical strength different from the concentration declared on the label
Indicate whether the statement is true or false