Jan Arthur Writes a $200 Check to Bruce Nole Who

question 19

Multiple Choice

Jan Arthur writes a $200 check to Bruce Nole who indorses it "Bruce Nole." Bruce gives the check to Anne Tate who indorses it "Without Recourse. Anne Tate." Anne sends the check to Joe Black, MD to pay her medical bill. If the bank refuses to honor the check, Black:

• A) can collect only from Jan Arthur.
• B) can collect only from Jan Arthur or Bruce Nole.
• C) can collect from the drawer or any indorser whose name appears on the check.
• D) has no other recourse.

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Definitions:

Nonpersonal

Communication or interaction that lacks personalization, usually in reference to mass media or advertising messages.

Public Relations

Public Relations is the professional maintenance of a favorable public image by a company, other organization, or famous person.

Stakeholders

Individuals or groups with an interest or concern in an organization, project, or decision.

Integrated Marketing Communications

A strategic approach that combines various forms of communication, advertising, sales promotion, and public relations to provide a consistent message across all marketing channels.