Individuals Over the Age of 65 Who Are Eligible for Federal

question 97

Multiple Choice

Individuals over the age of 65 who are eligible for federal government health plan coverage may also be interested in purchasing more coverage called

• A)Medicare Part A.
• B)Medicare Part B.
• C)Medicaid.
• D)Medigap.
• E)Statewide health coverage.

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Definitions:

Primarily Liable

Refers to the party or entity that bears the main responsibility in fulfilling an obligation or debt, without dependence on the failure of another party.

Personal Defenses

Legal defenses used in a lawsuit that are specific to the defendant, often relating to the contract's validity or terms.

Fraud in the Inducement

A deceitful act causing someone to enter into an agreement or contract by misrepresenting material facts or intentions.

Holder in Due Course

A party in possession of a negotiable instrument, such as a check or promissory note, acquired in good faith and thus protected against many defenses.