Which of the Following Is the Most Likely Result If

question 34

Multiple Choice

Which of the following is the most likely result if Mehdi attempts to require that the bank reimburse him for the value of the check cashed by Caileen?

• A) The check was an order instrument, and the bank must take the loss because it should only have provided funds to Mehdi.
• B) Because the check was an order instrument, the bank was within its rights to pay Caileen because she presented the check; and Mehdi has no rights against the bank.
• C) Because the check was a bearer instrument, the bank must take the loss because it should only have provided the funds to Mehdi.
• D) Because the check was a bearer instrument, the bank was authorized to pay Caileen; and Mehdi has no rights against the bank.
• E) Regardless of what type of instrument the check was, the bank had no right to cash the check when presented by Caileen unless the bank can establish by a preponderance of the evidence that Caileen misrepresented herself as an agent of Mehdi.

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Definitions:

Jews Killed

Refers to historical events where Jewish people were targeted and killed due to religious or ethnic persecution.

Charismatic Organizations

Groups or entities led by individuals who possess charismatic authority, inspiring devotion and followings based on personal qualities and charisma.

Bureaucracies

Complex organizational structures with strict rules, procedures, and hierarchies intended to manage large-scale administrative tasks efficiently.

Weber

Maximilian Karl Emil Weber, a German sociologist, philosopher, and political economist, known for his contributions to the understanding of social theory and social structure.