Using an Example, Explain How Nested Blocks Are Created

question 23

Essay

Using an example, explain how nested blocks are created.

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Definitions:

Maker

In financial terms, the party that promises to pay a certain amount of money in a promissory note or check.

Signature Liability

The legal responsibility that comes from the act of signing a document, indicating agreement or consent to its terms and conditions.

Liable

Responsible by law; legally answerable for one's actions or inactions.

Personally

Refers to something done by a person directly, without the involvement of anyone else or any intermediaries.