Which One of the Following Is True of a Signature

question 65

Multiple Choice

Which one of the following is true of a signature card?

• A)It shows each authorized person's signature for a bank account.
• B)It is the same as a deposit receipt and acts as a proof of the deposit transaction.
• C)It can be used as a debit card.
• D)It can only be used for bank accounts of individuals,not for the bank accounts of businesses.

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Definitions:

Undue Influence

Undue Influence is a legal term referring to a situation in which an individual is able to persuade another’s decisions due to the relationship between the two parties.

Mistake Of Value

A misunderstanding about the importance or worth of something, often considered in legal contexts regarding contracts.

Ray

In physics, a ray is a straight line that originates from a point and extends infinitely in one direction, often used to model the path of light or other radiation.

Baseball Card

A type of trading card related to baseball, often featuring a player, which is collected and traded among fans.