Who Is Primarily Liable on a Note

question 46

Multiple Choice

Who is primarily liable on a note?

• A) The maker
• B) The indorsers
• C) The drawee bank
• D) The holder

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Definitions:

Sorting

The process of organizing items into categories or groups according to specific criteria, often used in inventory and distribution management.

Transporting

The process of moving goods or materials from one location to another, crucial for supply chain and distribution operations.

Channel Conflict

Disagreements or disputes among marketing channel members, often caused by competing interests or disagreements on roles.

Multiple Channel Distribution

The practice of using more than one sales and distribution channel to reach the customer with products or services.