To accept a draft, the drawee:
A. need only sign the draft across the face of the instrument.
B. needs to write "accepted" on a separate piece of paper.
C. need only sign on a separate piece of paper affixed to the draft.
D. needs to write "accepted" behind the instrument and sign the bank's record.
If a drawee refuses to pay the instrument, it is said to be:
A. delayed.
B. dishonored.
C. detained.
D. defaulted.
Unless an indorsement states otherwise (e.g., by words such as without recourse), every
indorser agrees to pay any subsequent holder the face amount of the instrument if it is
dishonored (not paid by the maker or drawee).
Soft Feet, Inc. manufactures shoes. Walk Style, Inc. is a retailer of shoes. Soft Feet
offers to sell Walk Style 1,000 pairs of shoes at $5 per pair with delivery to be made by
October 31. Walk Style accepts, but writes in the margin "delivery to be made by
October 20." According to the UCC, what is the legal status of Walk Style's October 20
delivery date?
A. Under the UCC, the writing is not a mirror of the offer and is a counteroffer.
B. Under the UCC, the writing binds Soft Feet to accept the conditions about the
delivery date.
C. Under the UCC, the writing binds Soft Feet, unless it objects.
D. Under the UCC, the writing is an unequivocal acceptance.