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Question
If a person signs a check as an accommodation indorser:
A. his contractual liability is that of an indorser.
B. his contractual liability is limited to the payment of the principal.
C. his contractual liability is more than that of an indorser.
D. his contractual liability is limited to the payment of the interest.
Answer
This answer is hidden. It contains 99 characters.
Related questions
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The Clean Water Act incorporates both civil and criminal sanctions.
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Q:
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B. $10,000 fine and five years' imprisonment.
C. $20,000 fine and five years' imprisonment.
D. $10,000 fine and one year imprisonment.
Q:
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C. A securities broker who provides investment advice to retail investors.
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