Little Local Bank Wrongfully Fails to Honor a Check Signed

question 66

Multiple Choice

Little Local Bank wrongfully fails to honor a check signed by its customer Andrea.Little Local Bank is

• A)not liable to Andrea for damages resulting from its refusal to pay.
• B)only liable to Andrea for damages resulting from its refusal to pay if Andrea takes action against the bank within one business day of the failure to honor the check.
• C)only liable to Andrea for one half of the damages resulting from its refusal to pay.
• D)liable to Andrea for damages resulting from its refusal to pay.

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Definitions:

Confession

The act of admitting that one has committed a sin or any wrongdoing.

Dispositional Attributions

The tendency to attribute someone's behavior to their personality or disposition rather than to external factors.

Situational Attributions

The process of explaining someone's behavior based on external factors or the situation.

Western Countries

Refers to nations primarily located in the Western Hemisphere, often associated with economies that are relatively developed and democratic political systems.