What Is the Name of the Party That Accepts and Signs

question 21

Multiple Choice

What is the name of the party that accepts and signs a draft to agree to pay the draft when it is presented?

• A) Maker
• B) Acceptor
• C) Drawer
• D) Endorser
• E) Promisor

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Definitions:

Good-Faith Effort

refers to an honest intention to fulfill obligations or agreements, often in the context of contracts or negotiations.

CPT Manual

The Current Procedural Terminology (CPT) manual is a guide used by healthcare professionals to report and document medical, surgical, and diagnostic procedures.

Physical Therapy

A medical specialty that uses cold, heat, water, exercise, massage, traction, and other physical means to treat musculoskeletal, nervous, and cardiopulmonary disorders.

Unbundling

Use of several Current Procedural Terminology codes for a service when one inclusive code is available.