The Delivery of a Check Is an Assignment of Money

question 30

True/False

The delivery of a check is an assignment of money on deposit, and the drawee bank is required to pay the holder the amount of the check.

---

Definitions:

Fumigallin

A chemical compound originally discovered for its antibiotic properties, often mentioned in the context of beekeeping to treat nosema disease.

Psilocybin

A naturally occurring psychedelic compound produced by more than 200 species of fungi.

Ergot Compounds

Chemical substances derived from the fungus Claviceps purpurea (ergot), which infects cereal grains and possesses psychoactive and medicinal properties, historically involved in the cause of ergotism or "St. Anthony's fire."

Aflatoxin

A group of toxins produced by certain fungi, which are found on agricultural crops such as maize, peanuts, cottonseed, and nuts, and are highly carcinogenic.