A Buyer Makes Payment for Goods Accepted Using a Check

question 56

Multiple Choice

A buyer makes payment for goods accepted using a check.If the bank refuses to pay the check,the buyer:

• A)has still satisfied the duty to pay for the goods.
• B)must give the goods back to the seller.
• C)has the right to retain the goods.
• D)can be excused from the obligation.

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Definitions:

Bargaining

A negotiation process between two or more parties aimed at reaching a mutually beneficial agreement or outcome.

Depression

A psychological disorder marked by a continuous low mood or a lack of enthusiasm for activities, leading to a considerable disruption in everyday functioning.

Erikson

Refers to Erik Erikson, a developmental psychologist known for his theory on the psychosocial development of human beings.

Intimacy Vs. Isolation

A stage in Erik Erikson's theory of psychosocial development where individuals face the challenge of forming close relationships or experiencing loneliness and isolation.