In Which of the Following Cases Is a Bank Considered

question 84

Multiple Choice

In which of the following cases is a bank considered liable for unauthorized payments?

• A) if the bank does not attach canceled checks to the monthly statements of account
• B) if the bank does not provide images of paid checks online
• C) if the bank destroys original copies of canceled checks not sent to customers after seven years from the date of the check
• D) if the bank does not provide sufficient information on checks paid to customers in their monthly account statements

Determine the effects of price changes on consumption choices using indifference curve analysis.

Differentiate between the substitution effect and the income effect.

Understand the role and perception of labor unions in different international contexts.

Grasp the concepts and strategies of international businesses, including direct foreign investment, exporting, and licensing.

---

Definitions:

Uncle Tom's Cabin

An anti-slavery novel by Harriet Beecher Stowe published in 1852 that played a significant role in shaping public opinion against slavery in the United States.

Slaveowners

Individuals or entities that owned slaves as property for labor or services under laws or practices that permitted slavery.

Slaves

Individuals forced into labor or service without pay and deprived of their freedom, often considered the property of the enslavers.