A Depositor Is Not Responsible or Liable to the Bank

question 70

True/False

A depositor is not responsible or liable to the bank for items deposited that are not honored when presented for payment.

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Definitions:

Realize

To become fully aware of (something) as a fact; to understand clearly.

Peers

Individuals who are of similar age, status, or group, often playing significant roles in socialization and influence.

Attributional Styles

Tendencies of individuals to attribute causes to their successes and failures in a particular way that can affect their motivation and emotional state.

Helplessness

A state of being unable to prevent or avoid negative situations or feelings, often leading to a lack of self-efficacy.