One Danger of Using a CEO or Other Prominent Official

question 191

Multiple Choice

One danger of using a CEO or other prominent official of a corporation is that the person may not possess the source characteristics of:

• A)trustworthiness and expertise.
• B)attractiveness and likeability.
• C)credibility and expertise.
• D)likeability and trustworthiness.

---

Definitions:

Unauthorized Indorsement

An endorsement made without the authority or permission of the party holding negotiable instruments, affecting the instrument's validity.

Statute of Limitations

It refers to the maximum period one can wait before filing a lawsuit, depending on the type of case or claim.

UCC

Short for Uniform Commercial Code, a comprehensive set of laws governing commercial transactions in the United States, including sales, leases, negotiable instruments, and secured transactions.

Provisional Credit

Temporary credit issued by a bank to an account holder while disputed transactions are under investigation.