Ray Huang signs a cheque on his account at the TD Bank to Maria Razen. Which of the following is true?

A) The TD Bank is the drawer
B) Ray Huang is the drawer
C) The TD Bank is the drawee
D) Both A and B
E) Both B and C


E

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After Bart and Veronica were involved in an automobile accident, Bart retained Rhonda as an attorney to negotiate an out-of-court settlement. After a lengthy discussion with Veronica's insurance company, Rhonda settled the case for $5,000. However, Bart personally rejected the $5,000 offer. Veronica filed suit to enforce the settlement, claiming that Rhonda was authorized to accept the settlement on behalf of Bart. Discuss Rhonda's express, implied, and apparent authority.

What will be an ideal response?

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All of the following are mentioned in the text as types of statements that a corporation may adopt to communicate the corporation’s view of the subject of ethics except

a. A values statement b. A corporate credo c. A corporate contingency plan d. An Internet privacy policy

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Currently we have strong artificial intelligence (AI).

Answer the following statement true (T) or false (F)

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Which of the following is true regarding the UETA in relation to the E-SIGN Act?

a. Because the UETA is a federal law, whereas the E-Sign Act is a creature of state law, the UETA preempts the E-Sign Act in many ways. b. The UETA and also the E-Sign Act exclude wills from their coverage. c. Both the UETA and the E-Sign Act include within their broad scope provisions that divorces may be entered into and recorded electronically. d. The UETA allows electronic signatures whereas the E-Sign Act disallows such signatures.

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