Match the Terms with the Definitions

question 20

Multiple Choice

Match the terms with the definitions.
-Deposits that have not reached or been recorded by the bank before the bank statement is prepared.

• A)restrictive endorsement
• B)bank reconciliation
• C)bank statement
• D)blank endorsement
• E)canceled checks
• F)petty cash fund
• G)payee
• H)check
• I)check stub
• J)petty cash payments record
• K)NSF checks
• L)deposit ticket
• M)deposits in transit
• N)drawee
• O)drawer
• P)electronic funds transfer
• Q)endorsement
• R)magnetic ink character recognition code

Recognize the role of promissory estoppel in the absence of formal consideration.

Identify exceptions to the consideration requirement.

Analyze the effect of modifications on contracts under various laws.

Understand the implications of contractual promises on legal obligations.

---

Definitions:

Heterosexual

Referring to sexual attraction or sexual behavior between individuals of opposite sexes.

Kohlberg's Cognitive Development Theory

A theory outlining how individuals develop moral reasoning through a series of stages as they grow older.

Socialization

The process by which individuals learn and adopt the norms, values, behaviors, and social skills appropriate to their society.

Active Interpretation

The process by which individuals actively engage in understanding and making sense of information or stimuli, based on personal and societal contexts.