Which of the Following Is NOT a Duty That a Collecting

question 34

Multiple Choice

Which of the following is NOT a duty that a collecting bank has in the collection process?

• A) Duty of care
• B) Duty to act timely
• C) Duty to honor a valid stop payment order
• D) Duty to honor a restrictive indorsement

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Definitions:

Conditional Discrimination

The process where an organism learns to respond differently to various stimuli depending on the conditions or context.

Discrimination Learning

The ability to differentiate between different stimuli and respond appropriately to each.

Prefrontal Cortex

The front part of the frontal lobes of the brain, involved in executive functions such as judgement, decision-making, and social behavior.