If Margie makes out a check for $27.50 when she has only $10 in her account,her bank may:
A) refuse to pay the check.
B) pay the check.
C) bill Margie for $17.50 and a service charge.
D) take any of these actions.
Correct Answer:
Verified
Q43: The desired effect of EFTS is to:
A)
Q44: If Valley Bank pays a check over
Q45: Sylvia deposits a $50 check drawn on
Q46: A check drawn on a bank is
Q47: A substitute check:
A) is basically a copy
Q49: Helen deposits a $50 check in her
Q50: Which of the following is/are excluded from
Q51: A system for electronic funds transfers (EFT)in
Q52: The first bank to receive a check
Q53: Wholesale electronic funds transfers:
A) are also called
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