If a Bank Pays a Check That Bears a Forged

question 1

Multiple Choice

If a bank pays a check that bears a forged signature of the drawer, the transaction will be treated as one in which the bank paid out of:

• A) the depositor's funds under Article 3 of the UCC.
• B) its own funds under Article 3 of the UCC.
• C) its own funds under Article 4 of the UCC.
• D) the depositor's funds under Article 4 of the UCC.

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Definitions:

Freud

Sigmund Freud was an Austrian neurologist and the founder of psychoanalysis, a clinical method for treating psychopathology through dialogue between a patient and a psychoanalyst.

Psychoanalytic Method

A clinical method for treating psychopathology by exploring the unconscious mind, employing techniques like dream analysis and free association.

Childhood

The period of a person's life when they are a child, encompassing both physiological growth and psychological development stages.

Rejection

The act of dismissing or refusing a proposal, idea, or individual.