Jessie Is the Maker of a $1000 Promissory Note in Favor

question 1

Multiple Choice

Jessie is the maker of a $1000 promissory note in favor of Tyler.Tyler subsequently indorses the note to Ryan by signing just his name.Ryan in turn indorses it to Breanna by indorsing the back of the note,"Without recourse,Ryan." Breanna then indorses it to Liz,the present holder.If Liz collects payment from Tyler,then Tyler can demand payment from

• A)Ryan and Breanna.
• B)Ryan only.
• C)Jessie only.
• D)Breanna only.

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Definitions:

Customer Demand

The amount of a product or service that buyers are prepared and can afford to buy at a certain price.

Coordination

The method of coordinating individuals or teams to ensure they collaborate effectively and efficiently.

M-Form Organization

A structure for managing a diversified company by operating separate divisions in distinct markets or industries, each with its own management team.

Customer Demand

The desires and needs of consumers for products and services, which can vary in quantity and over time.