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TeachMeFinance.com - explain Primarily liable historic definition... Primarily liable -- The person primarily liable on a negotiable instrument is the person upon whom rests the absolute requirement to pay it ; all other parties are secondarily liable. The maker of a note is primarily liable, while an indorser is secondarily liable. When a draft has been accepted the acceptor is primarily liable, while the drawer is secondarily liable. When, however, a draft has not been accepted the drawer is primarily liable. The drawer (issuer) of a check is primrrily liable, while an indorser is secondarily liable. An indorser is always secondarily liable. About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2007 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional financial or legal advice. TeachMeFinance.com and its owner recommend consultation with a professional financial advisor prior to any investment or financial decision. Please read our disclaimer.