When a Bank Is Both the Drawer and Drawee, a Check

question 21

True/False

When a bank is both the drawer and drawee, a check functions the same as cash because the bank has committed itself to paying the item on demand.

---

Definitions:

Left Prefrontal Cortex

A region of the brain associated with higher cognitive processes such as decision making, social behavior, and personality expression.

Motivation to Approach

The drive or inclination to move towards or pursue positive outcomes or rewards.

Facial Muscles

A group of striated skeletal muscles innervated by the facial nerve that control facial expressions and movements.

Coding System

A method or set of rules used to convert information into another form or representation, often for the purpose of confidentiality, data compression, or error correction.