If a Person Signs a Check as an Accommodation Indorser

question 64

Multiple Choice

If a person signs a check as an accommodation indorser:

• A)his contractual liability is that of an indorser.
• B)his contractual liability is limited to the payment of the principal.
• C)his contractual liability is more than that of an indorser.
• D)his contractual liability is limited to the payment of the interest.

---

Definitions:

Lightweight Bones

Adaptations in some organisms, such as birds, that reduce overall weight while maintaining structural strength to aid in flight.

Efficient Respiration

The process by which organisms optimize their consumption and utilization of oxygen for energy production, ensuring effective exchange of gases.

Denisovan Genes

Genetic material derived from an extinct species of human, Denisovans, showing interbreeding effects in modern humans, especially in Asia.

Neanderthal Genes

Genetic sequences inherited from Neanderthals, present in the DNA of modern humans outside Africa.