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

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Law Questions!