Which of the Following Is the Best Description of an Indorsement

question 1

Multiple Choice

Which of the following is the best description of an indorsement?

• A) a signature that creates no new legal obligations
• B) a signature that often creates potential liability for the indorser
• C) a transfer that creates no new legal obligations
• D) a signature that creases no potential liability for the indorser, unless the indorsement is a "special" indorsement
• E) a payment of an instrument that discharges the liability of the maker or drawer

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Definitions:

Health Care Provider

A professional offering services aimed at maintaining or improving health, such as doctors, nurses, therapists, and pharmacists.

Living Will

A legal document specifying a person's wishes regarding the medical treatment they want to receive, or not receive, if they become incapable of making decisions for themselves.

Good Samaritan Law

Legal protection for individuals who provide emergency care to injured persons without expectation of reward.

Trachea

The windpipe, a tube that connects the larynx to the bronchi of the lungs, allowing for air passage.