Indorsers Are Obligated to Make the Payment Only When The

question 8

Multiple Choice

Indorsers are obligated to make the payment only when the:

• A)instrument has not been properly presented to the drawee or party obliged to pay the instrument.
• B)instrument is not dishonored.
• C)notice of dishonor is not given to the secondary party within the time and manner mentioned.
• D)instrument has been properly presented to the drawee or party obliged to pay the instrument,and payment must be demanded.

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Definitions:

Delinquent-Type Behaviors

Actions that violate social norms or laws, often performed by juveniles.

Repetitive Behaviors

Actions that are performed over and over again, often as a symptom of a neurodevelopmental disorder.

Psychological Disorder

A disorder of the mind involving thoughts, behaviors, and emotions that cause either self or others significant distress.

Conduct Disorder

A serious behavioral and emotional disorder in children and adolescents characterized by a pattern of disruptive and violent behaviors and a disregard for others.