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Which of the Following Torts Are Potentially Committed by a Bank

question 62

Multiple Choice

Which of the following torts are potentially committed by a bank which pays on a fraudulent cheque even though it could not reasonably have known of or discovered the fraud?

Determine the effects of specific transactions on cash flow statements, including acquisitions and disposals.
Calculate cash flows from operating, investing, and financing activities using given data.
Differentiate between the direct and indirect methods for calculating cash flows from operating activities.
Recognize the treatment and disclosure of non-cash transactions in the statement of cash flows.

Definitions:

Conclusion

The final part of something, typically a judgment or decision that has been reached by reasoning.

Similarity

The state or fact of being similar; resemblance or likeness.

Strong Arguments

Arguments where if the premises are true, the conclusion is likely to be true, showing a high degree of logical support.

Conclusion

The final statement in a logical argument that follows from the premises.

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