Which of the Following Is the Most Likely Result If

question 65

Multiple Choice

Which of the following is the most likely result if an agent admits to the principal that a check for the principal was forged by the agent and placed into the agent's bank account,but the principal does nothing until two months later after the agent leaves town with the funds?

• A)The principal can receive reimbursement from makers of the checks only.
• B)Because the checks were forged,the principal can receive reimbursement of the funds from any maker involved or any bank that cashed the checks.
• C)The principal can recover from either the makers or any banks who cashed the checks only if it can be shown that the agent cannot be located for criminal prosecution.
• D)The principal can receive reimbursement from any bank that cashed the checks only.
• E)It is likely that it will be determined that the principal ratified the signatures and that the principal cannot recover from either makers or banks that cashed the checks.

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Definitions:

Support Group

A group of people with common experiences or concerns who provide each other with encouragement, comfort, and advice.

Change Group

A group formed with the intention of facilitating personal or organizational changes among its members.

Psychological Problem

Refers to mental or behavioral patterns that cause significant distress or impairment in personal functioning.

Group Approach

Strategies or methodologies adopted by groups to address problems, achieve goals, or perform tasks.