Fact Pattern 14-2 (Questions 30-31 Apply)

question 2

Multiple Choice

Fact Pattern 14-2 (Questions 30-31 apply)
Tom draws a check, on his account in State Bank in New York, payable to Digital Media, Inc., in San Francisco. Digital deposits the check in its ac?count at First National Bank.
-Refer to Fact Pattern 14-2. Tom's bank is

• A) the cashing bank.
• B) the depositary bank.
• C) the intermediary bank.
• D) the payor bank.

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Definitions:

Occurs

Happens or takes place.

Cause

A factor or element that brings about an effect or result.

Hasty Generalization

A logical fallacy where a conclusion is not logically justified by sufficient or unbiased evidence.

Arguments

Reasons given in proof or rebuttal, or discussions aimed at reaching a conclusion through reasoning.