Scaffold Tech Corp

question 5

Multiple Choice

Scaffold Tech Corp. requires all job applicants for mid-level management positions to take a company aptitude test. This exam measures aptitude for management by measuring verbal comprehension, mathematical calculations, and other necessary management skills. Such a test is considered a(n) ________ test.

• A)personality
• B)performance
• C)integrity
• D)cognitive-ability
• E)background

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Definitions:

Secondarily Liable

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

Accommodation Party

A person who signs a negotiable instrument for the purpose of lending their reputation to someone else on the instrument, without direct benefit.

Negotiable Instrument

A written document that promises or orders the payment of a fixed amount of money, with the capability of being transferred to another party.

Presentment

The act of making a demand for the drawee to pay.