Gary Writes a Check Drawn on Hillside Bank for $400

question 38

Multiple Choice

Gary writes a check drawn on Hillside Bank for $400 "payable to Ian" on May 1. Gary dies on May 3. Ian presents the check to the bank on May 5. Unaware of Gary's death, the bank

• A) must certify the check.
• B) may pay the check.
• C) must consult with Gary's heirs before paying the check.
• D) can do nothing until Ian claims an interest in the account.

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Definitions:

Canada

A country located in the northern part of North America, known for its vast landscapes, multicultural populations, and as the second largest country by total area.

Slash-And-Burn Cultivation

An agricultural method that involves cutting and burning of plants in a forest or woodland to create a field called a swidden.

Tropical Forests

Dense, warm, and wet forests found near the Equator, characterized by high biodiversity and a variety of flora and fauna.

British North American Act

A 19th century act of the Parliament of the United Kingdom that established a federation and a federal system of government for Canada.