An Indorser to a Negotiable Instrument Is Generally Primarily Liable

question 11

True/False

An indorser to a negotiable instrument is generally primarily liable.

---

Definitions:

Confidence Interval

A range of values derived from sample data that is likely to contain the true population parameter with a specified level of confidence.

Population Mean

The average value of all elements in a population.

Population Values

The actual numerical values representing a characteristic of every individual member of a population.

Confidence Level

A measure indicating the probability that a given range includes the true value of an estimated parameter.