Bill Goes to First Bank to Get a Loan

question 14

Multiple Choice

Bill goes to First Bank to get a loan.He signs a note and agrees to repay the bank.What is the legal term for Bill's status regarding the note?

• A) Maker.
• B) Drawer.
• C) Payor.
• D) Payee.

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Definitions:

Hippocampus

A major component of the brain in humans and other vertebrates, associated with memory formation, organization, and storage.

Amygdala

A region of the brain that is critical in processing emotions, fear responses, and memory.

Peripheral Nervous System

The part of the nervous system that consists of nerves and ganglia outside of the brain and spinal cord, responsible for connecting the central nervous system (CNS) to limbs and organs.

Central Nervous System

The complex of nerve tissues that controls the activities of the body, comprising the brain and spinal cord.