Fact Pattern 19-3

question 67

Multiple Choice

Fact Pattern 19-3
Ryley draws a check,on his account in Second National Bank in New York,payable to Tuner TV,Inc. ,in San Francisco.Tuner deposits the check in its ac?count at US Bank.US deposits the check in the Federal Reserve Bank of San Francisco,which transfers it to the Federal Reserve Bank of New York.That Federal Reserve bank sends the check to Second National.
-Refer to Fact Pattern 21-3.If Second National Bank failed to meet its deadline for dishonoring or returning the check,it would be accountable for

• A)neither the amount of the check nor the cost of its transfer be?tween banks.
• B)the amount of the check and the transfer cost.
• C)the amount of the check but not the transfer cost.
• D)the transfer cost only.

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Definitions:

Sales Presentation

A comprehensive display or explanation aimed at persuading potential buyers about a product’s or service's value, tailored to address their specific needs and preferences.

Basic Communication Model

A framework that outlines the communication process through elements such as sender, message, medium, receiver, and feedback.

Nonverbal Expressions

Communication without words, including gestures, facial expressions, body language, and other forms of expressing feelings or reactions.

Intimate Space

The physical area immediately surrounding an individual, into which intrusion can feel uncomfortable or threatening unless there's a close relationship.