Drawer or Maker Liability to Pay Negotiable Instrument

The video tutorial explains the primary liability of the maker or drawer of a negotiable instrument. It details how the maker of a note is primarily liable, meaning they must pay the note as promised. In the case of drafts, the drawer orders a third party to pay, and if the third party pays, they can claim repayment from the drawer. The video also addresses scenarios where there are insufficient funds in the drawer's account, emphasizing the payor's right to recuperate funds from the drawer.

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