Who Is Primarily Liable on a Note

question 21

Multiple Choice

Who is primarily liable on a note?

• A) The holder.
• B) The indorsers.
• C) The drawee bank.
• D) The maker.

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Definitions:

Parahippocampal Cortex

Cortex located along the dorsal medial temporal lobe surface.

Lateral Geniculate Nucleus

A significant relay center in the thalamus for the visual pathway, receiving major inputs from the retina and sending outputs to the visual cortex.

Olfaction

The sense of smell, which is the detection and identification of chemicals in the air by the olfactory system.

Vision

The ability to interpret the surrounding environment by processing information contained in visible light.