Answer:
State Bank will suffer the loss on the check with the forged signature, while United will suffer it on the check with the forged endorsement.
Explanation:
When the signature of a drawer is forged, the drawer has not been negligent, and the drawee bank paid the check with the forged signature, it is the drawee bank who has to bear the loss, as it has to recredit the account of the affected drawer. On the other hand, when talking about a check with a forged endorsement, it is the bank that paid the check who suffer the loss. It must recredit the drawer's account, while the drawee bank can actually ask to recover the amount from the bank that paid the check.
In this case, State Bank was the drawee bank for both checks, but it only has to recredit Pauline for the check with the forged signature. United is responsible for recrediting Pauline for the check with the forged endorsement, however, while State Bank can recover the amount from them. State Bank and United can try to recover their losses from Nick, but this can prove very difficult.
Answer:
Explanation:
It is impossible for the United States to preserve itself as a republic or as a democracy when 600 families own more of this Nation's wealth - in fact, twice as much - as all the balance of the people put together. Here is the whole sum and substance of the Share-Our-Wealth movement: Every family to be furnished by the Government a homestead allowance free of debt of not less than one-third the average family wealth of the country which means, at the lowest, that every family shall have the reasonable comforts of life up to a value of from $5,000 to $6,000. No person to have a fortune of more than 100 to 300 times the average family fortune which means that the limit to fortunes is between $1,500,000 and $5,000,000, with annual capital-levy, taxes imposed on all above $1,000,000. An old-age pension to the persons of 60. The raising of revenue and taxes for the support of this program to come from the reduction of swollen fortunes from the top, as well as for the support of public works to give employment whenever there may be any slackening necessary in private enterprise.
Its either carpetbaggers or scalawags
The current governments are going under corruption and it changes the society
Hey
I’m assuming that this is a true or false question OK?
And the answer would be true as Babylon was the major centre for the Babylonian Civilisation.
Harappa in India was the civilisations city for the Indus Valley Civilisation.
And Kiev was the centre for the East Slavic Civilisation
Hope this helps and Happy New Year
