The Principal's Name Must Be Shown on the Instrument in Order

question 7

True/False

The principal's name must be shown on the instrument in order for the principal to be held liable when an agent signs a note on behalf of the principal.

---

Definitions:

Interquartile Range

A measure of variability, defined as the difference between the first and third quartiles, describing the middle 50% of a data set.

25th Percentile

A value below which 25% of the data falls.

75th Percentile

A value below which 75% of the data points in a dataset fall, used as a measure of dispersion.

Symmetric Data

Data that are evenly distributed around the center, showing mirror-image properties on both sides of the median.