An Unqualified Indorsement Does Not Guarantee Payment of an Instrument

question 22

True/False

An unqualified indorsement does not guarantee payment of an instrument.

---

Definitions:

Neolithic Period

A prehistoric period marked by the development of agriculture, the creation of permanent settlements, and the rise of complex societies.

Agricultural Societies

Communities or societies that rely on agriculture as their primary means of subsistence, focusing on the cultivation of crops and raising of livestock.

Food Production

The processes involved in creating food products from raw materials through agriculture, husbandry, or aquaculture, meeting the dietary needs of populations.