According to Revised Article 3 of the UCC,the Risk of Loss

question 76

Multiple Choice

According to Revised Article 3 of the UCC,the risk of loss from fraudulent indorsements by employees:

• A)should fall on the holder in due course.
• B)should fall on the employer.
• C)should fall on the bank.
• D)should fall on the employee.

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Definitions:

MPS

Master Production Schedule, a plan for individual commodities to be produced in each time period such as production, staffing, inventory, etc.

Competitive Advantage

An attribute that allows an organization to outperform its competitors, leading to greater sales or margins and market share.

Record Integrity

Pertains to the accuracy and consistency of data stored in databases or other storage platforms over its entire lifecycle.