Posted: November 13th, 2021

500 words | business management | Austin Peay State University

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

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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.  

Be sure to review the rubric for this assignment.  Chapter 13 Part 2 Rubric

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