Which of the Following Parties Are Liable Only After a Negotiable

question 88

Multiple Choice

Which of the following parties are liable only after a negotiable instrument has been presented and dishonored,and proper notice has been given?

• A) drawer, maker, acceptor and qualified indorser
• B) maker, acceptor and unqualified indorser
• C) acceptor and qualified indorser
• D) drawer and unqualified indorser
• E) maker and unqualified indorser

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Definitions:

Bass's Transactional

A theory of leadership focusing on the exchanges between leaders and followers, where leaders provide rewards or punishments based on the performance of the followers.

Transformational Leadership Theory

A leadership approach that causes change in individuals and social systems, aiming to create a vision for followers and guiding changes through inspiration.

Charisma

A compelling attractiveness or charm that can inspire devotion or enthusiasm in others.

Personal Quality

Characteristics or attributes that define an individual’s nature, often influencing their behavior and interactions with others.