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need the answers for 9, 10, 11, 12 as soon as possible please 9. Seymour writes a check on his account at Platinum Bank to
need the answers for 9, 10, 11, 12 as soon as possible please
9. Seymour writes a check on his account at Platinum Bank to Teri to pay a debt. Teri negotiates the check by indorsement to Rosanna, who presents it for payment to Onyx Bank. Teri is a. not liable for payment under any circumstances. b. primarily liable c. secondarily liable d. simultaneously liable. 10. Refer to Fact Pattern directly above. If Onyx Bank dishonors the check, Rosanna can obtain payment from Teri a. if Rosanna timely notifies Teri. b. only if Seymour refuses to pay the check. c, under any circumstances. d. under no circumstances l 1.To borrow the money to buy a car, Klaus signs a note "payable to the order of Lake City Auto Financing." Minnie cosigns the note to guarantee the repayment of the loan. Minnie's liability on this note is a, lateral primary. c, secondary. d. tertiary. a $1,000 note that Dion believes is an application for 12. Chris tricks Dion, who does not understand English, to sign credit card, Chris negotiates the note to Ez Finance Company. Dion a. can avoid payment on the note even if EZ is an HDC. b, can avoid payment on the note only if Ez is a holder. c. must pay EZ the amount that it paid for the note. d. must pay the note in fullStep by Step Solution
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