James Draws a Check on His Account at First National

question 29

Multiple Choice

James draws a check on his account at First National Bank payable to the order of Terry.If First National does not pay the check when Terry presents it for payment,then:

• A)both James and the bank are liable to Terry.
• B)James is liable to Terry on the basis of drawer's obligation.
• C)James transfers his duties as a drawer to the drawee bank and the bank is liable.
• D)neither James nor the bank is liable to Terry.

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Definitions:

Hypnotic Pain Relief

A method of reducing pain through hypnosis, leveraging the mind's ability to alter perception of pain through focused concentration and suggestion.

Synesthesia

A phenomenon where a single sense is experienced as though it were being perceived by multiple senses, for example, visualizing sounds.

Clairvoyance

The supposed ability to gain information about an object, person, location, or physical event through extrasensory perception, beyond the known human senses.

Precognition

The knowledge of an event before it happens, often considered as a type of extrasensory perception.