Liu Signs a Check "Pay to the Order of Marv

question 39

Multiple Choice

Liu signs a check "pay to the order of Marv" drawn on Liu's account in National Bank.Liu later orders National not to pay the check,but the bank pays it over Liu's order.Subsequent checks written on Liu's ac?count "bounce." Most likely liable for the costs to Liu is

• A)any party to whom a subsequent check was written.
• B)Liu.
• C)Marv.
• D)National.

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Definitions:

Midterm

An examination or assessment taking place in the middle of an academic term.

Final Exam

A test given at the end of a course to assess a student's understanding of the material.

Correlation Coefficient

A statistical measure that describes the strength and direction of a relationship between two variables.

Inferential Statistics

A branch of statistics that focuses on drawing conclusions and making predictions about a population based on a sample from that population.