Which of the Following Promises to Pay a Set Sum

question 38

Multiple Choice

Which of the following promises to pay a set sum to the holder of a promissory note or certificate of deposit?

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

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Definitions:

Acidification

The process of becoming more acidic, often referred to in the context of soil, water bodies, or the ocean's pH levels decreasing.

Desertification

The degradation of once-fertile land into nonproductive desert; caused partly by soil erosion, deforestation, and overgrazing by domestic animals.

Deserts

Arid regions with extremely low rainfall, supporting limited plant and animal life, and characterized by harsh conditions such as high temperatures and low humidity.

Primary Consumers

Organisms that directly consume producers such as plants or algae, usually herbivores.