An accommodation party will always be secondarily liable on an instrument

Indicate whether the statement is true or false


False

Business

You might also like to view...

The research Mumford et al. completed used a sample of ______.

A. college business students B. corporate executives C. high school principals D. army officers

Business

In recent years, service differentiation among retailers has ________

A) increased at a steady rate B) decreased C) stayed the same D) increased exponentially E) tripled

Business

Chen’s Floor Cleaners goes house to house to perform their floor cleaning services. What facility layout does this business use?

a. process b. product c. fixed-position d. cellular

Business

Which of the following is a difference between the Uniform Computer Information Transaction Act (UCITA) and Uniform Commercial Code (UCC)?

A) A contract that requires a fee of less than $250 is enforceable under the UCITA only if the contract has been authenticated, whereas all contracts are enforceable under the UCC. B) A contract that requires a fee of less than $250 is enforceable under the UCC only if the contract has been authenticated, whereas all contracts are enforceable under the UCITA. C) The UCITA allows the licensor to control the licensee's right of use, but the UCC does not. D) The UCC allows the licensor to control the licensee's right of use, but the UCITA does not.

Business