Other Than Providing Shipping Lanes and Possible Resources from Placer

question 95

Short Answer

Other than providing shipping lanes and possible resources from placer mineral deposits name an important economic activity or resource from the continental shelves.

---

Definitions:

Endorser

A person who signs a negotiable instrument on the back to transfer ownership or to guarantee payment to someone else.

Secondarily Liable

Refers to the obligation to pay a debt or fulfill an obligation only if the primary party responsible fails to do so.

Drawer

The party that writes or creates a bill of exchange, such as a check, commanding a payment to be made to a specified person or entity.

Secondarily Liable

Responsibility or liability that kicks in when the primarily responsible party fails to fulfill their obligations.