What Is the Similarity Between the Fictitious Payee Rule and the Imposter

question 26

Multiple Choice

What is the similarity between the fictitious payee rule and the imposter rule?

• A)Both hold the drawee liable to the instrument.
• B)Both hold the drawer liable to the instrument.
• C)Both put the risk of loss on the forger.
• D)Both put the risk of loss on the indorsee.

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Definitions:

Contact Comfort

The physical and emotional comfort that an infant receives from being in physical contact with its caregiver, highlighting the importance of touch in social and emotional development.

Rooting Reflex

An automatic response seen in newborns, who turn their head towards anything that strokes their cheek or mouth, aiding in breastfeeding.

Sucking

Drawing into the mouth by creating a partial vacuum, often a reflex action for infants to consume food.

Two-Month-Old

A developmental stage in human infants marked by beginning awareness of the environment, increased physical activity, and early social interaction.