Ask Question
11 July, 17:41

The main difference between an accommodation maker and an accommodation indorser is:

+3
Answers (1)
  1. 11 July, 21:29
    0
    Accommodation maker are the one who sign the agreement without receiving any compentation or other benefits. They guarantees the debt of other person. He can be maker, endorser, or acceptor.

    The main difference between an accommodation maker and an accommodation indorser:

    Accomodation maker are the one who identitfy himself in the note as the one who is udertaking to pay due. They sign on the right hand side corner of an instrument.

    Accomodation endorser are the one who endorse to pay the credit liablity of other person. They sign on the back of an instrument.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “The main difference between an accommodation maker and an accommodation indorser is: ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers