The Maker of a Promissory Note Has Accountability For: ​

question 2

Multiple Choice

The maker of a promissory note has accountability for: ​

• A)insuring the negotiability of the instrument.
• B)acknowledging the existence of every indorser.
• C)insuring the underlying conditions are met.
• D)expressly agreeing to pay the note according to its terms.

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Definitions:

Dependent Demand

The demand for items that are directly influenced by the demand for other items, such as components of a final product.