Which of the Following Is True of Primary Liability? ​

question 8

Multiple Choice

Which of the following is true of primary liability? ​

• A)A maker of notes does not carry a primary liability.
• B)A drawee is liable only by writing "accepted" and signing the draft.
• C)A person with primary liability is liable to pay before the instrument is due.
• D)An acceptor of drafts does not carry a primary liability.

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Definitions:

Johari Window

A model that helps individuals understand their relationship with self and others by categorizing known and unknown aspects of themselves in four quadrants.

Bottom-Right Pane

In a graphical user interface, the section or area located at the bottom-right part of the window or screen, often containing specific additional information or controls.

Johari Window

A model used to enhance understanding between individuals within a group by revealing what is known by self and others.

Unknown Pane

The pane in the Johari Window that contains unknown talents, abilities, and attitudes, as well as forgotten and repressed experiences, emotions, and possibilities.