Bill Goes to First Bank to Get a Loan

question 15

Multiple Choice

Bill goes to First Bank to get a loan. He signs a note and agrees to repay the bank. What is the legal term for Bill's status regarding the note?

• A) Payee.
• B) Maker.
• C) Payor.
• D) Drawer.

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Definitions:

Risks

Potential events or actions that may cause loss or hinder achievement of objectives.

Probability Of Success

The likelihood of achieving a goal or completing a task successfully, often expressed as a percentage.

American Sign Language (ASL)

A complete, natural language that serves as the predominant sign language of Deaf communities in the United States and most of Anglophone Canada.

Washoe

A female chimpanzee who was the first non-human to learn to communicate using American Sign Language.