Under Article 3 of the UCC, a Check Is an Unconditional

question 222

True/False

Under Article 3 of the UCC, a check is an unconditional written order to pay that involves three parties in distinct capacities: drawer, drawee, and payee. The drawee must be a bank. Payment must be "on demand."

---

Definitions:

Divorce Act

Legislation that regulates the legal process of divorce, defining the conditions, rights, and responsibilities involved in dissolving a marriage.

Monolithic Bias

The tendency to view a diverse or complex group as homogenous and uniform, ignoring individual variation.

Ideal Type

A methodological concept in sociology used to describe and analyze the essential characteristics of a social phenomenon, serving as a standard by which actual phenomena can be compared.

Nuclear Family

A family unit typically consisting of two parents and their children, regarded as the basic social unit in many societies.