Author Question: An X is not a sufficient signature for a deed. Indicate whether the statement is true or ... (Read 58 times)

kwoodring

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An X is not a sufficient signature for a deed.
  Indicate whether the statement is true or false

Question 2

Which of the following is true of primary liability?
 A) A maker of notes does not carry a primary liability.
 B) A drawee is liable only by writing accepted and signing the draft.
 C) A person with primary liability is liable to pay before the instrument is due.
 D) An acceptor of drafts does not carry a primary liability.



mcabuhat

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Answer to Question 1

FALSE

Answer to Question 2

B



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