Luther Writes a Check to Grant on His Account at Primary

question 43

True/False

Luther writes a check to Grant on his account at Primary Bank on June 1.Three days later,Luther dies from a massive heart attack.Primary Bank is not notified of the death until June 7.On June 8,having heard nothing from Luther's relatives,Primary Bank pays the check when Grant presents the check for payment.Primary Bank is liable for the check and must recredit the account.

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Definitions:

Solicitation

The act of asking for or trying to obtain something from someone, often used in legal context to refer to the act of seeking to procure a person to commit a crime.

Face-To-Face Sales

A sales technique where products or services are sold directly to the customer in person.

Administrative Law Judge

A judge who makes decisions on disputes within the federal, state, or local regulatory agencies.

Administrative Hearing

A legal proceeding before a government agency or administrative law judge involving the rights, duties, obligations, or privileges of specific parties.