Asked by
Vannesa Quijada
on Nov 01, 2024Verified
A(n) ________ of a note is required to ________ the instrument without reservations of any kind.
A) indorser;pay
B) maker;pay
C) drawer;transfer
D) maker;assign
Maker
In legal or financial contexts, the party that creates or issues a promissory note, check, or other negotiable instrument.
Pay
The compensation or wage given to an employee in exchange for their work or service.
Instrument
A document formalizing a legal or financial agreement, such as a bond, share, or promissory note.
- Comprehend the responsibilities and legal accountability of stakeholders in negotiable instruments.
Verified Answer
SM
Learning Objectives
- Comprehend the responsibilities and legal accountability of stakeholders in negotiable instruments.