Fact Pattern 33-1 (Questions 14-15 Apply)

question 62

Multiple Choice

Fact Pattern 33-1 (Questions 14-15 apply)
Alpha Corporation needs to borrow money to meet its payroll.Blair,Alpha's owner,asks City Bank to loan Alpha the funds.
-Refer to Fact Pattern 33-1. If City Bank insists that Blair sign the loan ap?plica?tion to assume liability for payment whether or not Alpha defaults,Blair will be

• A)not truly liable because she signed only at City Bank's insistence.
• B)primarily liable.
• C)secondarily liable.
• D)tertiarily liable.

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Definitions:

Palatine Tonsils

Two masses of lymphatic tissue located at the back of the throat.

Digestive System

The system of organs responsible for breaking down food, absorbing nutrients, and eliminating waste from the body.

Large Intestine

The last part of the gastrointestinal tract and digestive system in vertebrates, responsible for water absorption and the transmission of waste material.

Saliva

A watery fluid produced by the salivary glands in the mouth, essential for chewing and digestion.