William Draws a Check on City Bank Payable to the Order

question 16

Multiple Choice

William draws a check on City Bank payable to the order of Tara.Tara indorses it to Rebecca.Rebecca deposits it to her account in Town Bank.Town Bank properly presents it to City Bank,the drawee.City Bank dishonors it because William did not have enough funds on deposit to cover the check.In this case:

• A) William is discharged from liability only if he fails to receive notice of dishonor.
• B) City Bank has until midnight of the following day to notify Town Bank,Rebecca,or Tara of the dishonor.
• C) if Town Bank received notice of dishonor on Monday,it would have until midnight on Wednesday to notify Tara or Rebecca.
• D) Rebecca has until midnight of the following day after receipt of notice of dishonor to notify Tara.

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Definitions:

Secondary Control

A coping mechanism that involves adjusting one's own attitudes, goals, or emotions in situations where primary control is not possible.

Facial Expressions

Visible changes in the face that convey an individual's emotional state, intentions, or social communications.

Paul Ekman

A psychologist known for his research on the relationship between emotions and facial expressions, particularly in identifying universal emotions.

Amygdala

A part of the brain's limbic system involved in emotion regulation, emotional learning, and forming memories associated with emotional events.