Posted: November 13th, 2021
Case question #5. on page 321. You will need to review the case of Krumme v. Moody. Try this link, or google the parties’ names. https://www.leagle.com/decision/19951903910p2d99311891
This is a good discussion of who is a surety and who is just an “accommodation party” when signing a negotiable instrument and who is obligated to pay. Fully answer the question regarding whether or not Moody was obligated to pay. Minimum of 500 words.
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