O'Shea Issues a Check Drawn on Prime Bank to Quality

question 72

Multiple Choice

O'Shea issues a check drawn on Prime Bank to Quality Equipment Supply to pay for a backhoe. Later,O'Shea discovers a defect in the backhoe and orders the bank to stop payment on the check. O'Shea does not renew the order,and the bank clears the check eight months later. The bank

• A)must recredit O'Shea's account.
• B)must obtain funds from Quality to cover the amount of the check.
• C)must substitute acceptable goods.
• D)need not recredit O'Shea's account.

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Definitions:

Axon

A long, slender projection of a nerve cell, or neuron, that conducts electrical impulses away from the neuron's cell body.

Dendrite

Extensions of a neuron that receive signals from other cells and transmit them toward the cell body.

Myelin Sheath

A fatty layer that surrounds and insulates the axons of many neurons, speeding up the transmission of electrical signals along the nerve.

Receives Stimuli

The capacity of an organism or system to respond to environmental signals or changes.