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Which of the following is correct regarding liability on negotiable instruments? A ) Issuers and acceptors are primarily liable for a negotiable instrument, while drawers
Which of the following is correct regarding liability on negotiable instruments?
A Issuers and acceptors are primarily liable for a negotiable instrument, while drawers and endorsers are secondarily liable.
B Acceptors and endorsers are primarily liable, while issuers and drawers are secondarily liable.
C Drawers and endorsers are primarily liable, while issuers and acceptors are secondarily liable.
D Issuers and drawers are primarily liable, while acceptors and endorsers are secondarily liable.
E Drawers are primarily liable, while issuers, acceptors, and endorsers are secondarily liable.
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