When It Is Not Possible to Determine the Status of the Signer

question 2

Multiple Choice

When it is not possible to determine the status of the signer of an instrument,which of the following is the general rule?

• A)The party is considered the drawer.
• B)The party is considered the endorser.
• C)The party is considered the maker.
• D)The party is considered the acceptor.
• E)The party is considered an accommodation party.

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Definitions:

Average Variability

The typical extent to which data points in a dataset differ from the mean or average, often measured using variance or standard deviation.

Values

Core beliefs or standards that guide behavior and decision making, or, in statistics, numerical amounts or quantities.

Median

A statistical measure that determines the middle value of a dataset when it is ordered in ascending or descending order.

Amounts

Quantitative measures or quantities of items or entities.