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:

Separatist Movement

Movements or campaigns by groups within a country seeking to gain autonomy or independence from the larger political entity.

Red Scare of 1919-1920

A period of intense fear of communism and radical political movements in the United States, resulting in widespread suspicion, arrests, and the suppression of civil liberties.

Progressive Intellectuals

Thinkers who advocate for reforms and improvements in society through advancements in knowledge, science, and social organization.

Black Condition

A term that could reflect the social, political, and economic experiences and realities of black people, often highlighting systemic challenges and disparities.