Faye Forges Greta's Signature on a Check "Payable to the Order

question 32

Multiple Choice

Faye forges Greta's signature on a check "payable to the order of Faye" drawn on Greta's account at Home Bank. Most likely, if the bank pays the check

• A)the Federal Reserve will reimburse all parties for their costs.
• B)the loss will be apportioned among all of the bank's customers.
• C)Greta will be liable for the amount.
• D)the bank will have to recredit Greta's account.

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Definitions:

Assimilation

The process by which individuals or groups adopt the culture or norms of another societal group, often losing some of their original cultural identity.

Culture Clash

A conflict arising from differences in cultural values, beliefs, and practices between individuals or groups.

Attraction-Selection-Attrition Theory

A theory suggesting that organizations tend to attract and select individuals with similar personalities and values, and people who do not fit will leave or be forced out.

Separation Strategy

A method or plan devised by a company to manage the process of employees leaving the organization, either through resignation, layoffs, or retirement, in a manner that minimizes negative impacts.