Question
Brenda wrote a check to Kelli for $50 to be drawn from her account at Beverly Bank. Beverly Bank refused to cash the check. Which
Brenda wrote a check to Kelli for $50 to be drawn from her account at Beverly Bank. Beverly Bank refused to cash the check. Which of the following correctly states Brenda's liability in this situation? A. Brenda is primarily liable regardless of any notice of dishonor. B. Brenda is secondarily liable if she is given timely notice of the dishonor. C. Brenda is secondarily liable regardless of any notice of dishonor. D. Brenda is primarily liable if she is given timely notice of the dishonor.
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Authors: Zvi Bodie, Alex Kane, Alan J. Marcus
9th Edition
73530700, 978-0073530703
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