12-37An Individual Other Than the Borrower That Assures the Payment

question 28

Multiple Choice

12-37.An individual other than the borrower that assures the payment of a note is a:

• A) dispensator
• B) executor
• C) vindicator
• D) guarantor

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Definitions:

Dissenters

Individuals who express opinions that are in variance with those previously, commonly, or officially expressed.

Correct Majority

The larger part of a group that holds the accurate or right viewpoint or decision, especially in the context of consensus or voting.

Collectivist Societies

Societies that prioritize the group over the individual, emphasizing interdependence, cooperation, and social harmony.

Conformist

An individual who follows the rules, norms, and standards of a group in order to fit in, often at the expense of personal identity.