TriState Bank Agrees to Accept a Check by Setting Aside

question 67

Multiple Choice

TriState Bank agrees to accept a check by setting aside sufficient funds to cover the amount.This check is considered 

• A) ​cashed. 
• B) ​certified. 
• C) ​deposited. 
• D) ​provisionally credited.

Differentiate between secured and unsecured claims in bankruptcy and their implications.

Grasp the jurisdiction and role of U.S. District Courts in bankruptcy proceedings.

Recognize the exemptions and the non-dischargeable debts in bankruptcy.

Understand the mechanisms of protecting creditor's rights such as garnishment and attachment in pre-judgment and post-judgment phases.

---

Definitions:

Interested Silence

An active listening technique where silence is used to show attention and encourage the speaker to continue.

Steadily

In a consistent, constant, and unwavering manner.

Disturbed Sensory Perception

An altered state in which one's ability to perceive environmental stimuli through the senses is impaired or inaccurate.

Ineffective Denial

A defense mechanism where an individual refuses to accept reality or facts, leading to harmful behaviors or lack of problem-solving.