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Commercial Credit Card Company has in its possession an instrument dated May 1, 2013. the instrument is payable to the order of Adam Company "on June 1, 2013" for $5,000. In the upper left corner is a address for Bella Corporation - 10 Corporate Park Avenue, Chicago, Illinious-and in the lower right corner is the signature of "Davis, Inc. By Eve, President." In the lower left corner is a stamped "Accepted: Bella Corporation by Frank, President, May 5, 2013." On the back is the signature of " Adam Company by Gail, President."
What type of instrument is this? Is it negotiable?
Who if anyone is primarily liable on this instrument on May 1? May 5?
Who if anyone is secondarily liable on this instrument?
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