Who Is Primarily Liable on a Check When It Is

question 10

Multiple Choice

Who is primarily liable on a check when it is issued?

• A)The payee is primarily liable
• B)The drawer is primarily liable
• C)The drawee bank is primarily liable
• D)No party is primarily liable

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Definitions:

Future Buying Behavior

Predicted patterns of purchase by consumers based on various influencing factors like trends, economic conditions, and personal preferences.

Securities And Exchange Commission

A U.S. federal agency responsible for regulating the securities industry, enforcing federal securities laws, and ensuring investor protection.

Financial Information

Data regarding the financial status of an entity, including income, expenses, assets, liabilities, and equity, often used for analysis.

Competitors

Entities or businesses competing in the same industry or market for customers.