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An Indorser Who Does Not Wish to Be Liable on an Instrument

question 32

True/False

An indorser who does not wish to be liable on an instrument can use a qualified indorsement.


Definitions:

Gage

A measurement or inspection tool used to verify the conformity of parts to specified tolerances or dimensions.

Cutting-Plane

An imaginary plane where an object is cut to study its interior structure in engineering and architectural drawings.

Secondary Datum

A reference point, axis, or plane used in addition to the primary datum to provide further geometric control on a manufactured part.

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