Which of the Following Is a Person Who Signs an Instrument

question 18

Multiple Choice

Which of the following is a person who signs an instrument to restrict payment of it, negotiate it, or incur liability?

• A) Maker.
• B) Acceptor.
• C) Drawer.
• D) Endorser.
• E) Promisor.

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Definitions:

α

It represents the significance level in hypothesis testing, usually indicating the probability of rejecting a true null hypothesis or the type I error rate.

Margin of Error

The range of values below and above the sample statistic in a confidence interval, representing uncertainty in the estimate.

Population Mean

The average of all the values in a population.

α

The symbol commonly used to represent the level of significance in hypothesis testing, indicating the probability of wrongly rejecting the null hypothesis.