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26 March, 14:25

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

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  1. 26 March, 14:40
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    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.
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