Roald Writes a Check for $700 to Savannah

question 27

Multiple Choice

Roald writes a check for $700 to Savannah.Savannah indorses the check in blank and transfers it to Twitchell,who alters the check to read $7,000 and presents it to Union Bank,the drawee,for payment.The bank cashes it.Roald discovers the alter?ation and files a suit against the bank.Roald can recover

• A)$7,000.
• B)$6,300.
• C)$700.
• D)0.

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Definitions:

Vroom-Jago

relates to a leadership model that emphasizes decision-making styles and their appropriateness based on the situation, leader characteristics, and follower involvement.

Leader-Participation Model

A theory that provides a framework to predict the best level of participation by subordinates in decision-making based on situational variables.

Group Decision

A decision-making process where outcomes are determined collectively by a group rather than an individual.

Vroom-Jago

A leadership model that helps in decision-making processes by evaluating the effectiveness of participative, consultative, and autocratic leadership styles in various scenarios.