Rodeo Ranch's Agent Slim Is Authorized to Write Checks on Rodeo

question 6

Multiple Choice

Rodeo Ranch's agent Slim is authorized to write checks on Rodeo Ranch's account in Town Bank.Upper Range Corporation is a Rodeo Ranch supplier.Slim writes a check on Rodeo Ranch's account "pay to the order of Upper Range [signed] Slim," indorses it in Upper Range's name,and deposits it in his own account in Verity Bank.If Verity Bank collects payment,the ultimate party most likely to suffer the loss is

• A)no one.
• B)Rodeo Ranch.
• C)Town Bank.
• D)Upper Range.

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Definitions:

Hazardous Side Effects

Adverse reactions or outcomes of a medication or treatment that can pose significant risks to a patient's health and safety.

Urinary Retention

A medical condition where one is unable to empty the bladder completely, leading to discomfort and potential complications.

Anhedonia

The reduced ability or inability to experience pleasure from activities usually found enjoyable.

Vegetative Signs

Symptoms primarily affecting the body's basic functions such as sleep, appetite, and energy level, often related to depression.