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.
Be sure to review the rubric for this assignment. Chapter 13 Part 2 Rubric
Important cases to remember for this chapter are: Fordyce Bank v. Bean and In the Matter of K-Mart Corporation
