Brady Forges Cal's Signature on a Check "Payable to the Order

question 13

Multiple Choice

Brady forges Cal's signature on a check "payable to the order of Brady" drawn on Cal's account in Downtown Bank. Cal's forged signature is

• A)effective if an innocent third party accepts the check.
• B)effective to the degree that it matches Cal's genuine signature.
• C)effective to the extent that the bank debits Cal's account.
• D)not effective.

Understand the significance of teamwork and group decision-making processes.

Grasp the concept of cultural and interpersonal sensitivity in diverse work environments.

Understand the basics and importance of text formatting and document design.

Learn different techniques for selecting text within a document.

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Definitions:

Centralized Business Organization

A management structure where decision-making authority is concentrated at the top levels of the organization, with few people responsible for making decisions and setting policies.

Major Planning

Major planning involves the development of comprehensive strategies and objectives to guide an organization or project towards achieving its long-term goals.

Cost Center

A decentralized unit in which the department or division manager has responsibility for the control of costs incurred and the authority to make decisions that affect these costs.

Revenues

Increases in owner’s equity as a result of providing services or selling goods to customers.