Barry Presents to Wake Bank for Deposit in His Account

question 10

Multiple Choice

Barry presents to Wake Bank for deposit in his account a check for $100 made out to him by Richard. Wake Bank provisionally credits Barry's account on Monday. When is payment final?

• A) Automatically at the end of the third business day.
• B) Midnight Tuesday.
• C) When the amount of the check is collected from Richard's bank.
• D) When Richard's bank receives the check.

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Definitions:

Lens

The transparent disk-shaped structure behind the iris and the pupil that changes shape as it focuses on objects at varying distances.

Cornea

The transparent front part of the eye that covers the iris, pupil, and anterior chamber, providing most of the eye's optical power.

Pupil

The adjustable opening in the center of the iris of the eye, through which light enters and is focused on the retina.

Retina

The layer of tissue that is located on the inner surface of the eyeball and contains the sensory receptors for vision.