Fact Pattern 25-3 To Borrow the Funds to Pay Tuition at Alpha College

question 68

Multiple Choice

Fact Pattern 25-3
To borrow the funds to pay tuition at Alpha College, Bea signs an instrument unconditionally promising to pay to "Country Loan Corporation" $7,500 with interest in installments with the final payment due June 1, 2030.
-Refer to Fact Pattern 25-3. With respect to this instrument, Country Bank is

• A) ​the drawee.
• B) ​the indorser.
• C) ​the maker.
• D) ​the payee.

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