Bob writes a check on his account at County Bank to Darby, a famous singer. The person claiming to be Darby is an imposter, however, named Etta. Etta indorses the check to Felipe, for whom County Bank cashes it. Ultimately, the loss will most likely fall on

A. Bob.
B. County Bank.
C. Darby.
D. Felipe.


Answer: A

Business

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Which of the following is NOT a type of team-building program?

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Darrell owns a parcel of land that is encumbered by a mortgage held by the First National Bank. Darrell agrees to sell the land to Paul for $50,000 . Darrell and Paul together go to the First National Bank to discuss the sale and purchase with the banker. Darrell, Paul, and the banker sign an agreement stating that Paul will assume the mortgage and that Darrell will be discharged from all further

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Given three statistically independent events (A,B,C), the joint probability of P(ABC) = P(

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