A Drawer Who Is Induced by an Imposter to Issue

question 64

True/False

A drawer who is induced by an imposter to issue a check in the name of an impersonated payee can avoid payment on the check to an innocent holder.

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Definitions:

Practice Manager

An individual responsible for overseeing the daily operations of a medical practice, ensuring efficient function and compliance with healthcare regulations.

Labor Relations

The relationship and negotiations between employers and their employees, often involving unions.

Terminating

The act of bringing something to an end or conclusion, often used in the context of contracts, employment, or processes.

Practice Budget

The financial plan for the operation of a medical practice, outlining the expected revenues and expenditures.