A Party Who Is Primarily Liable for an Instrument Must

question 86

True/False

A party who is primarily liable for an instrument must pay without resorting to any other party.

---

Definitions:

Accounts Receivable

Dues from clients to a business for goods or services that have been supplied but remain unpaid.

Product Warranty

A guarantee provided by a manufacturer or seller to a buyer, promising to repair or replace the product if necessary within a specified period of time.

Sale Product

Usually refers to the final merchandise available for sale to consumers, differing from raw materials or components used in manufacturing.

Repairing Product

Repairing product involves the process of fixing or restoring a product to its working condition, usually after damage or malfunction.