According to Darwin, in the Struggle for Survival, Those Individuals

question 38

Multiple Choice

According to Darwin, in the struggle for survival, those individuals whose traits best enable them to survive and reproduce will, on average, leave the largest number of offspring that in turn survive to reproduce. This is the basic idea behind his theory of

• A) natural selection
• B) creationism
• C) differential evolution
• D) artificial selection

Understand the legal framework governing the relationship between payor banks, their customers, and the handling of checks.

Identify the rights and duties of bank customers and banks under the Uniform Commercial Code (UCC) and other relevant legislation, including stop payment orders and deposit account disclosures.

Recognize the role and function of clearinghouses in the banking industry and the regulatory time frames for the clearance of checks.

Understand the concept of spurious correlation in research.

---

Definitions:

Environmental Protection Agency

A U.S. federal agency established to coordinate and enforce national pollution control laws and regulations to protect human health and the environment.

Pollution Permits

Allowances given to companies that permit them to emit a certain amount of pollutants; can be bought, sold, or traded.

External Benefit

Positive effects of a transaction or activity on third parties not directly involved in the transaction, which are not reflected in the market price.

Negative Externality

A negative externality is a cost imposed on a third party not involved in the production or consumption of a good or service, such as pollution.