Fact Pattern 17-2 Lisa Writes a Check on Her Account at Metro Bank

question 41

Multiple Choice

Fact Pattern 17-2
Lisa writes a check on her account at Metro Bank to Niklas to pay a debt. Niklas negotiates the check by indorsement to O'Leary, who presents it for payment to Prime Bank.
-Refer to Fact Pattern 17-2.Niklas is​

• A) ​not liable for payment under any circumstances.
• B) ​primarily liable.
• C) ​secondarily liable.
• D) ​contractually liable.

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Definitions:

Idealized Influence

A leadership approach where leaders become role models by acting in ways that inspire and earn the trust and respect of followers.

Transactional Leaders

Leaders who focus on supervision, organization, and performance; they are concerned with transactions between themselves and their followers.

Self-Interest

The motivation driven by one's own personal gain or benefit.

Empower Subordinates

Giving authority or power to lower-level employees, enabling them to take initiative and make decisions.