Which of the Following Is True Regarding How an Accommodation

question 36

Multiple Choice

Which of the following is true regarding how an accommodation party may sign an instrument?

• A) An accommodation party may sign an instrument only as a maker.
• B) An accommodation party may sign an instrument only as a maker or a drawer.
• C) An accommodation party may sign an instrument only as a maker or acceptor.
• D) An accommodation party may sign an instrument only as an endorser or acceptor.
• E) An accommodation party may sign an instrument as a maker, drawer, acceptor, or endorser.

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