A Check

question 33

Multiple Choice

A check:

• A)has a higher risk of loss than currency for transactions.
• B)has a time limit of 30 days.
• C)cannot be canceled by means of a stop payment once it is signed.
• D)is not a substitute for currency and coins.
• E)can be rendered worthless in case of suspected forgery.

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Definitions:

Ingroup Bias

The tendency to favor one's own group over other groups, often leading to preference and loyalty towards members of the ingroup.

Bystander Effect

A phenomenon in social psychology where people are less inclined to assist a victim if there are other bystanders.

Reciprocity Norm

A social norm that expects individuals to help those who have helped them, fostering cooperation and mutual aid.

Mere Exposure Effect

A mental effect where individuals start preferring items simply because they recognize them.