Fact Pattern 25-2 (Questions 27-28 Apply)

question 60

Multiple Choice

Fact Pattern 25-2 (Questions 27-28 apply)
Tom draws a check,on his account in State Bank in New York,payable to Digital Media,Inc.,in San Francisco.Digital deposits the check in its ac?count at First National Bank.
-Refer to Fact Pattern 25-2. Digital's bank is

• A)the cashing bank.
• B)the depositary bank.
• C)the intermediary bank.
• D)the payor bank.

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Definitions:

Globalization

Globalization is the process by which businesses or other organizations develop international influence or start operating on an international scale, leading to increased interconnectedness and interdependence of the world's economies, cultures, and populations.

Code of Ethics

A code of ethics is a set of principles and guidelines designed to help professionals conduct their activities with honesty, integrity, and fairness.

Ethical Considerations

Pertains to the evaluation of actions and decisions based on moral principles and values, often involved in determining the rightness or wrongness of certain behaviors.

Field Site

A specific geographic location selected for research, where data is collected, and studies are conducted in a natural setting.