week 3

1. Match each term in Column A with the appropriate statement in Column B

Match each term in Column A with the appropriate statement in Column B. 2. 3. 4. 5. 6. 7. 8. 9. i 10. Presentment Dishonor Notice of dishonor Accommodation party Protest Primary party Acceptor Unconditional liability Conditional liability Endorser a. b. c. d. e. g. h. One who signs an instrument for the purpose of lending his/her name and credit to another party The secondary liability that results from the status of parties as drawers or unqualified endorsers A person who agrees to pay an instrument according to its terms Person who signs The liability of one who negotiates by use of a qualified endorsement A refusal to pay Or to accept A requirement for conditional liability A formal method Of satisfying conditions precedent A demand made on a maker or drawee A person who is primarily liable on a draft