Tony Gives Sonora a Check for $500

question 80

Multiple Choice

Tony gives Sonora a check for $500.Sonora deposits it in her local bank,which transfers the check to the Federal Reserve Bank in Chicago,which transfers it to Tony's bank in Wisconsin.What type of bank is the Federal Reserve Bank in this situation?

• A)A collecting bank or an intermediary bank
• B)A provisional bank
• C)A payor bank
• D)A collecting bank,but not an intermediary bank
• E)A depository bank

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Definitions:

BESD

Stands for Behavioral, Emotional, and Social Difficulties, a term used in educational and clinical contexts to describe challenges in these areas that may affect learning or interaction.

Predictive Accuracy

The degree to which a forecast or prediction correctly anticipates the actual outcome.

Situationist Critique

A perspective or critique emphasizing the impact of situational and environmental influences on human behavior, often challenging trait-based personality theories.

Funder and Ozer

Researchers known for their work in personality psychology, including the debate on the predictive power of personality measures.