The primary party on a draft is the drawee, assuming that the drawee has accepted the draft.
Indicate whether the statement is true or false
Question 2
Barnes Escrow services is handling the closing of a property purchase by Gramercy Stables, Inc A contractor for the seller, Blue Grass Stables, has just completed the construction of a horse barn on the property. The escrow instructions for the two parties requires that Barnes obtain a lien release from the contractor. On the day before closing, the contractor is out of the country and Barnes is unable to obtain a signed release, but has oral assurance from the contractor that he has received payment in full. Barnes proceeds with the closing because the locked interest rate for Gramercy expires in two days. Barnes:
A)Has violated the terms of the escrow.
B)Has acted reasonably given the circumstances related to the loan rate.
C)Can proceed with the closing if the Barnes employee who talked with the contractor provides a sworn statement of the contractor's assurances.
D)Has discretion on closing when the parties' interests are affected.
Illustration showing how the primary breast tumor metastasized through the lymphatic and blood vesse
The Primary Sensory Regions of the Brain
Regions of the Primary Motor Cortex and Associated Axons of the Corpus Callosum
The Workout (Primary Conditioning Period)
Primary steps in fibrinolysis.
Primary Type of Floor Framing