The Type of Liability That Occurs Because a Person Signs

question 81

Multiple Choice

The type of liability that occurs because a person signs a negotiable instrument is referred to as which of the following?

• A) Warranty liability
• B) Payee liability
• C) Signature liability
• D) Primary liability
• E) Secondary liability

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Definitions:

Neurofeedback

A type of biofeedback that uses real-time displays of brain activity to teach self-regulation of brain function.

Epilepsy

A neurological disorder marked by sudden recurrent episodes of sensory disturbance, loss of consciousness, or convulsions, associated with abnormal electrical activity in the brain.

Positive Reinforcer

An incentive that, when introduced following an action, enhances the probability of that action occurring again.

Behavior Modification

A systematic approach to changing behavior through the application of the principles of conditioning, including both reinforcement and punishment.