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:

Grade Point Averages

The numerical representation of a student's overall academic performance, calculated as an average of their course grades.

Tutor Program

A structured system or course designed to provide students with personal academic assistance and guidance.

Carleton University

A public research university located in Ottawa, Ontario, Canada, known for its programs in engineering, business, and arts.

Standard Deviation

A measure of the dispersion or variability within a set of values, indicating how much individual values differ from the mean.