Sarah Has a Checking Account at First Bank

question 36

Multiple Choice

Sarah has a checking account at First Bank.Orrin steals one of her blank checks, writes a check for $250, and then forges Sarah's signature.He then presents the check to First Bank for payment.First Bank pays the forged instrument.Which of the following statements is correct?

• A)First Bank will have to recredit the $250 to Sarah's account, but they can collect from Orrin if they can find him and he has the money.
• B)First Bank will have to recredit the $250 to Sarah's account, but only if they can collect the $250 from Orrin..
• C)Sarah is primarily liable on the check even if she did not sign it and was not negligent in allowing Orrin to take ^{the blank check.}
• D)None of these.

Recognize the significance and application of point manuals for determining job equity.

Know the theory and purpose behind a wage curve.

Comprehend the rationale for conducting job surveys and their role in compensation management.

Understand the concept and implications of broadbanding in salary structures.

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Definitions:

Mende Girl Initiation

A traditional rite of passage for young women in the Mende culture of Sierra Leone, involving education in moral values, social duties, and womanhood.

Harsh Teaching

An educational approach characterized by strict or severe methods, often emphasizing discipline over understanding or encouragement.

White Clay

A natural clay with a soft white color, often used in pottery, ceramics, and as a natural skincare ingredient for its purifying qualities.

Female Circumcision

A cultural or religious practice involving the partial or total removal of the external female genitalia, often controversial and considered a human rights issue.