Which of the Following Statements Is TRUE with Respect to Notice

question 18

Multiple Choice

Which of the following statements is TRUE with respect to notice of dishonour?

• A)Notice of dishonour only needs to be provided against a party that did not endorse an instrument.
• B)In some circumstances, an endorser may be held liable even if it did not actually receive notice of dishonour following the dishonour of a cheque.
• C)Notice of dishonour is significant mainly because it relieves the drawee of a cheque of liability.
• D)Once notice of dishonour is given to one endorser, it is automatically effective against all prior endorsers.
• E)To be effective, notice of dishonour normally can be provided any time within six months of dishonour.

---

Definitions:

Correctional Institutions Environment Scale

A tool used to evaluate the physical, social, and psychological environments within correctional facilities.

Social Learning Theory

A theory that proposes people can learn new behaviors and attitudes through observing others, especially influential models.

Stay'n Out Program

A therapeutic community treatment program designed for individuals in prison to reduce recidivism through substance abuse intervention and social rehabilitation.

Control-Focused Interventions

Strategies designed to help individuals gain or regain control over specific aspects of their life or behavior, often used in the context of health or psychological treatment.