In the Case in the Text,Valley Bank of Ronan V

question 69

Multiple Choice

In the case in the text,Valley Bank of Ronan v.Hughes,the court held that:

• A)the bank was liable because it was negligent.
• B)the bank failed to exercise ordinary care when it assured Hughes that the check was as good as cash.
• C)failure of any bank to exercise ordinary care affects its charge back rights.
• D)the bank's actions with regard to check processing was irrelevant when determining whether it exercised ordinary care when exercising its charge back rights.

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Definitions:

Self-Actualization

The realization of one's potential and the development of self-awareness and personal growth.

Unconditional Positive Regard

An attitude of total acceptance and support towards another person, regardless of what they say or do, often considered important in therapeutic settings.

Empathy

The ability to understand and share the feelings of another person from their point of view.

Pyramid-Shaped Hierarchy

A visual model of an organization where each level represents a rank, with the highest power at the top tapering down to wider levels of lesser power.