Describe the limitations on the bank's right or duty to charge the depositor's account for the check.
What will be an ideal response?
Article 4 of the Uniform Commercial Code recognizes that the bank's right or duty to pay a check or to charge the depositor's account for the check may be terminated, suspended, or modified by the depositor's order to stop payment. In addition, it may be stopped by events external to the relationship between the depositor and the bank. These external events include the filing of a bankruptcy petition by the depositor or by the depositor's creditors and the garnishment of the account by a creditor of the depositor.
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The customer's overall feeling of contentment with a customer interaction is referred to as:
a. scope of influence. b. customer reinforcement. c. customer satisfaction. d. none of the above.
_____are lump-sum payments,typically to reward strong performance from individual employees.
A. Commissions B. Salaries C. Wages D. Bonuses
State insurance regulators require LMN Life Insurance Company to maintain a separate account. The assets in the separate account would support the liabilities for which of the following products?
A) term life insurance B) whole life insurance C) fixed annuity D) variable life insurance
Small businesses are not eligible to obtain government subsidies.
Answer the following statement true (T) or false (F)