Scott Bought a Widget from Gowhara

question 5

Multiple Choice

Scott bought a widget from Gowhara.The price was $10 000.He paid with a cheque that he had drawn on his account at the Bank of Kamloops.Scott had the cheque certified before he gave it to Gowhara.In fact, Scott's account balance was only $8000.When he discovered that fact, he went to the bank and gave instructions to have the cheque countermanded but the bank refused that request.Which of the following statements is TRUE?

• A)The Bank of Kamloops is required to pay Gowhara $8000.
• B)The Bank of Kamloops is required to pay Gowhara $10 000.
• C)Scott may be entitled to countermand the cheque because it had been certified at his request, rather than at Gowhara's request.
• D)Regardless of certification, it is impossible to countermand a cheque that has been written on an overdrawn account.
• E)Because the bank certified the cheque, it must pay $10 000 to Gowhara even though Scott ultimately will have to provide only $8000 to the bank.

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Definitions:

Estrogen

A group of hormones predominantly responsible for the development and regulation of the female reproductive system and secondary sex characteristics.

Menstrual Period

The phase in a woman's menstrual cycle involving the shedding of the uterine lining, resulting in bleeding from the vagina.

Postformal Thought Process

A stage of cognitive development in adulthood characterized by the ability to understand complex concepts, tolerate ambiguity, and recognize that solutions to problems may be relative.

Kohlberg's Theory

A framework proposed by Lawrence Kohlberg that describes six stages of moral development in individuals, from obedience and punishment orientation to principles of justice and personal conscience.