Any Person Who, by His Own Negligence, Substantially Contributes to the Making

question 63

True/False

Any person who, by his own negligence, substantially contributes to the making of an unauthorized signature may not assert the lack of authority as a defense against a holder in due course.

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Definitions:

Negative Skew

A distribution where the tail on the left side of the probability density function is longer or fatter than the right side, indicating that the bulk of the values lie to the right of the mean.

Tri-modal Profile

A statistical distribution in which three modes or peaks are present, indicating three dominant values or traits in the data set.

Z Distribution

A normalization of the standard normal distribution, which is symmetric about the mean, showing the relationship between data points and their standard deviations.

Normal Curve

A bell-shaped curve that represents the distribution of values, with most occurring around a central region.