Fact Pattern 23-1 Lisa Writes a Check on Her Account

question 28

Multiple Choice

Fact Pattern 23-1 Lisa writes a check on her account at Metro Bank to Niklas to pay a debt. Niklas negotiates the check by indorsement to O'Leary, who presents it for payment to Prime Bank.
Refer to Fact Pattern 23-1. I f Prime Bank dishonors the check, O'Leary can obtain payment from Niklas

• A) if O'Leary timely notifies Niklas.
• B) only if Lisa refuses to pay the check.
• C) only to the extent that Lisa overpaid her debt to Niklas.
• D) under no circumstances.

---

Definitions:

Intervention Bias

The tendency to intervene in situations where intervention may not be necessary or could lead to negative outcomes.

Open-Mindedness

The willingness to consider new ideas, points of view, and experiences without preconceived judgments.

Mental Present

The concept referring to the temporal window in which the consciousness operates, encompassing the immediate perception of stimuli at a given moment.

Creativity

The ability to generate new ideas or concepts, or new associations between existing ideas or concepts.