Jason Has Knowledge of the Fact That the Check Given

question 87

True/False

Jason has knowledge of the fact that the check given to him bears Julie's forged signature.Nevertheless,he presents the check to ABC Bank.ABC Bank pays Jason,under a mistaken belief that the signature on the check is authentic.Bank cannot recover that payment from Jason.

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Definitions:

Product-Based

An approach or business strategy that focuses on the development, manufacturing, and selling of tangible goods as opposed to services.

Pareto Charts

Graphics that identify the few critical items as opposed to many less important ones.

Product Liability

Legal responsibility of manufacturers and sellers to compensate for losses or damages caused by defects in their products.

Consumer Product Safety Act

A regulatory law that aims to protect consumers from products that pose a fire, electrical, chemical, or mechanical hazard or can injure consumers.