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Who Is Primarily Liable on a Note

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Who is primarily liable on a note?


Definitions:

The Senate

One of the two houses of the legislature in many countries, often composed of senior members, and responsible for making and passing laws.

Administrative Agencies

Governmental bodies responsible for the oversight and implementation of specific regulations and laws.

Federal Level

Pertains to the national government operations or regulations, as opposed to state or local levels.

State Level

Pertaining to governmental authority and matters that are handled by individual state governments, as opposed to the federal government.

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