Which of the Following Is Primarily Liable on an Accepted

question 16

Multiple Choice

Which of the following is primarily liable on an accepted bill of exchange?

• A) Drawer of the bill
• B) Drawee or acceptor
• C) Endorser
• D) Payee
• E) No one

---

Definitions:

Allport

Refers to Gordon Allport, an American psychologist known for his theory of personality traits.

Central Traits

Fundamental personality characteristics that are considered core to an individual's identity, according to Allport's theory.

Grace

A quality of acting with kindness, compassion, and care, often without expecting anything in return.

Psychologically Healthy

Refers to the state of mental well-being where individuals realize their own abilities, can cope with the normal stresses of life, work productively, and contribute to their community.