Fact Pattern 28-1B

question 18

Multiple Choice

Fact Pattern 28-1B
Chocolate! Chocolate! Corporation is a new company that needs to borrow money to meet its payroll.Dayna,president and owner of Chocolate! Chocolate!,asks Evermore Credit Union to loan the funds to Chocolate! Chocolate!
-Refer to Fact Pattern 28-1B.If Evermore insists that Dayna sign the loan applica?tion,making her personally liable for payment whether or not Chocolate! Chocolate! defaults,Dayna will be

• A)a surety.
• B)a lienor.
• C)a garnishee.
• D)a guarantor.

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Definitions:

Active Mode

Refers to a state or condition of being engaged in activity or operation, often used in technology and psychology contexts.

Hilgard's Study

Reference to Ernest Hilgard's research, particularly known for his theory on the "hidden observer" as a demonstration of the power of the subconscious mind during hypnosis.

Conscious State

The state of being awake and aware of one's surroundings, thoughts, and experiences.

Dissociative Identity Disorder

A psychiatric disorder marked by the presence of two or more distinct personality states or identities in a single individual, along with gaps in the recall of events, personal information, or traumatic experiences.