Liability of the Drawer, Acceptor, or Maker on a Bill

question 47

True/False

Liability of the drawer, acceptor, or maker on a bill of exchange is dependent on the signing and delivery of the bill.

---

Definitions:

Customs

Traditional practices, behaviors, or rituals that are specific to a particular culture, society, or community.

Values

Core beliefs or standards that guide behavior and decision-making for individuals or groups.

Ethnic Enclave

A geographic area with a high concentration of people from the same ethnic group, creating a community with cultural distinctiveness.

Ethnic Group

A community of people who share a common cultural background, ancestry, language, or social experience.