Eli Draws a Check for $1,500 on Town Bank

question 2

Multiple Choice

Eli draws a check for $1,500 on Town Bank.The check is made payable to the order of Carmen.Carmen endorses and sells the check to Nita.At Nita's request,Town Bank certifies the check.In this scenario,which of the following is a true statement?

• A) Carmen acquires secondary liability on the check.
• B) Eli acquires secondary liability on the check.
• C) Town Bank acquires primary liability on the check.
• D) Eli acquires primary liability on the check.

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