Under Article 3 of the UCC, a Check Is

question 448

Multiple Choice

Under Article 3 of the UCC, a check is:

• A) an unconditional written order to pay that involves three parties: a drawer, drawee, payee; the drawee may be a bank, person, or business. Payment may be set at some future time
• B) an unconditional written order to pay that involves two parties: drawer and payee; the payment is at an agreed upon future date
• C) a promise by one party to pay a certain sum of money to another party; two parties are involved: the maker and the payee; payment may be set at some future date
• D) an acknowledgment by a bank that it has received money from a customer with a promise from the bank that it will repay the money received either at a specified date or upon demand; two parties are involved: a maker and a payee
• E) none of these

---

Definitions:

Diagnosis-Related Group (DRG)

A system that classifies hospital cases into groups to facilitate payment planning and analysis based on diagnosis, treatment, and length of stay.

Orthopedic Surgery

Surgical procedures performed to address issues related to the musculoskeletal system, including bones, joints, and ligaments.

Uncomplicated Pneumonia

A type of pneumonia that is typically mild and responds well to treatment, without causing severe complications.

Patient Satisfaction

A measure of the extent to which a patient is content with the healthcare they received, based on various factors including treatment efficacy and communication.