Jack Received a Check as Payment for the Work He

question 57

Multiple Choice

Jack received a check as payment for the work he did.He indorsed the check "without recourse." What legal effect does this have?

• A)The drawer of the check is discharged from primary liability on the check.
• B)Jack is discharged from secondary liability on the check.
• C)The drawer of the check is discharged from secondary liability on the check.
• D)Jack is discharged from primary liability on the check.

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Definitions:

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Actions taken to assist or benefit another individual or group without expectation of reward.

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A numerical indicator showing the degree to which two or more variables move in relation to one another.