« previous next »

Author Question: For what does an indorser of a negotiable instrument become liable? A) payment of the face amount ... (Read 56 times)

Kthamas

  • Hero Member
  • *****
  • Posts: 546
on: Jun 24, 2018
For what does an indorser of a negotiable instrument become liable?
 A) payment of the face amount and certain warranties
 B) stated interest payable from the date of the indorsement
 C) nothing; only the maker of an instrument is liable
 D)any amounts not paid by the indorser's own bank

Question 2

The rights of a holder of a warehouse receipt depend on whether the receipt is:
 A) negotiable.
 B) rescissory.
 C) notarized as a document of title.
 D) notarized as a bill of lading.


raili21

  • Sr. Member
  • ****
  • Posts: 324
Reply #1 on: Jun 24, 2018
Answer to Question 1

B

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

Oxytocin is recommended only for pregnancies that have a medical reason for inducing labor (such as eclampsia) and is not recommended for elective procedures or for making the birthing process more convenient.

Did you know?

Patients who have undergone chemotherapy for the treatment of cancer often complain of a lack of mental focus; memory loss; and a general diminution in abilities such as multitasking, attention span, and general mental agility.

Did you know?

Approximately one in four people diagnosed with diabetes will develop foot problems. Of these, about one-third will require lower extremity amputation.

Did you know?

About 3.2 billion people, nearly half the world population, are at risk for malaria. In 2015, there are about 214 million malaria cases and an estimated 438,000 malaria deaths.

HP-01 wrist instrument, 1977 HP-01 wrist instrument, 1977
Muscles of the head, neck, and face. Muscles of the head, neck, and face.
Prone position. Placement of bolsters under ankles and shoulders, head supported by face cradle. Prone position. Placement of bolsters under ankles and shoulders, head supported by face cradle.
Positioning the face cradle. A. Neck in proper alignment. B. Avoid hyperextension. C. Avoid too much ... Positioning the face cradle. A. Neck in proper alignment. B. Avoid hyperextension. C. Avoid too much ...
Removal of the Face of One of the Colossal Sculptures of Ramses II at Abu Simbel in the Mid 1960s Removal of the Face of One of the Colossal Sculptures of Ramses II at Abu Simbel in the Mid 1960s
A debt payment of $7500 is due in 24 months. If money is worth 7.2% p.a. compounded quarterly, ... A debt payment of $7500 is due in 24 months. If money is worth 7.2% p.a. compounded quarterly, ...
Video: The Krebs Cycle Animation

For a complete list of videos, visit our video library