1. An indorser's implied contract to pay a subsequent holder in the event that an instrument is dishonored is known as an indorser's

Question

A. duty
B. accommodation
C. primary liability
D. secondary liability

I chose C.

2. A defense that arises out of some improper act or omission by a party to the instrument is a _________ defense
A. personal
B. real
C. secondary
D. primary

I chose A.

Answer 1

It's endorser, not indorser. And you are incorrect on question 1 and on question 2.