Rex Signs a Check "Pay to the Order of Sophie

question 13

Multiple Choice

Rex signs a check "pay to the order of Sophie" drawn on Rex's account in Town Bank.To impose liability on Rex if Town Bank dishonors the check,Sophie should present it for payment within

• A)one year.
• B)six months.
• C)ten days.
• D)thirty days.

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Definitions:

Organizational Imperative

A crucial or essential action, policy, or procedure that is considered necessary for the successful operation of an organization.

Chambliss

Likely referring to William J. Chambliss, a sociologist known for his research on the sociology of law, crime, and deviance.

Red Tape

Excessive bureaucracy or adherence to rules and formalities, often causing delay or unnecessary complexity in decision-making processes.

Law On The Books

Legislation that is formally enacted and documented, regardless of its enforcement.