Chad Writes Dinah an Uncertified Check for $500 Drawn on Chad's

question 49

Multiple Choice

Chad writes Dinah an uncertified check for $500 drawn on Chad's account at Employees Credit Union. Seven months later, Dinah presents the check for payment. The credit union pays the check in good faith without consulting Chad. The credit union

• A) cannot charge Chad's account for any amount.
• B) can charge Chad's account for $250 only.
• C) can charge Chad's account for $500.
• D) is liable for breach of contract.

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Definitions:

Cross-Sequential Research

A research method that combines both cross-sectional and longitudinal designs to analyze variables over time in several groups of different ages.

Personality

The combination of characteristics or qualities that form an individual's distinctive character, influencing their thoughts, feelings, and behaviors.

Freud

Sigmund Freud, an Austrian neurologist known for founding psychoanalysis, a method for treating psychopathology through dialogue.

Cohort Effect

The influence of being part of a group of people born around the same time, affecting the beliefs, behaviors, and outcomes of that group due to their shared experiences.