Question: Roger issues a check for $2,000, dated August 12, to Kari. The check is drawn on Last Chance Bank. Kari indorses the check and transfers
Roger issues a check for $2,000, dated August 12, to Kari. The check is drawn on Last Chance Bank. Kari indorses the check and transfers it to Joe.
- Is Roger primarily or secondarily liable? Kari?
- What event will trigger or cause the liability of Roger and Kari on the check?Cite your textbook for support
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