A Negative Attitude About a Group of People Based on Characteristics

question 65

True/False

A negative attitude about a group of people based on characteristics they share is called a schema.

Recognize the roles and responsibilities of banks in check processing.

Describe the liability of parties involved in forged endorsements and fraudulent transactions.

Explain the characteristics and uses of stored-value cards.

Examine the availability schedule for deposited funds.

---

Definitions:

Voting Trust

An arrangement where the shares of a company's stock are placed under the control of a trustee, often to consolidate voting power or to make unified decisions on behalf of the shareholders.

Directors

Individuals elected by shareholders to oversee the management of a corporation and make major decisions.

Election

The formal process of selecting a candidate for office or deciding on a policy issue, typically through the casting of ballots.

Duty of Obedience

The obligation of board members and officers of an organization to follow the organization’s governing statutes and goals, acting within the scope of their authority.