Under Article 3,the Employer Is Allowed to Recover from Its

question 81

True/False

Under Article 3,the employer is allowed to recover from its bank,despite the applicability of the fictitious payee rule,if the bank failed to exercise ordinary care in paying the instrument.

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Definitions:

Skills

Specific abilities or competencies that individuals possess or acquire, which enable them to perform tasks effectively.

Firm-Specific Human Capital

The unique knowledge, skills, and abilities employees develop that are valuable to a particular organization but not necessarily transferable.

Generic Human Capital

Refers to the broad and universally applicable skills, knowledge, and experience that individuals possess, which can be transferred and applied across various industries and roles.

Generic Human Capital

Skills, knowledge, and abilities possessed by an individual that are not specific to any one job or company, making them valuable across different roles and industries.