Which of the Following Is True Regarding What Is Considered

question 63

Multiple Choice

Which of the following is true regarding what is considered a commercially reasonable manner by which notice of dishonor may be given to a secondarily liable party?

• A) The only commercially reasonable manner for notice of dishonor recognized by the UCC is certified mail.
• B) The UCC recognizes two manners of delivery for notice of dishonor that are considered commercially reasonable: written and electronic.
• C) The only commercially reasonable manner recognized by the UCC for notice of dishonor is written mail.
• D) Due to advances in technology, the only commercially reasonable manner recognized by the UCC for notice of dishonor is electronic communication.
• E) The UCC recognizes that oral, written, and electronic communications are all commercially reasonable ways in which to provide notice of dishonor.

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Definitions:

Information Inputs

Data or information that is entered into a system for processing or analysis.

Functional Job-Analysis

A method used to identify and describe the tasks, duties, and responsibilities of a job.

Effective Performers

Individuals who consistently achieve their goals and make significant contributions to organizational success through high levels of productivity and quality of work.

Job-Related Items

Specific tasks or duties associated with a particular job, or elements that are directly connected to the performance of work in a given position.