Those Who Disclaim Liability and Are Not Secondarily Liable on Instruments

question 19

Multiple Choice

Those who disclaim liability and are not secondarily liable on instruments they endorse are referred to as ________.

• A) unqualified indorsers
• B) qualified indorsers
• C) agents
• D) accommodation parties

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Definitions:

Print Media

A broad term referring to newspapers, magazines, leaflets, and all forms of published material intended for public reading.

Electronic Media

Forms of media that utilize electronics or electromechanical energy for the end-user to access the content, including television, radio, and internet-based media.

Demographic Variables

Variables that are used to classify the characteristics of human populations, such as age, gender, income level, education, and ethnicity.

Socioeconomic Background

The social and economic circumstances in which a person is raised, including factors such as income, education, and occupation.