Notice of dishonor of an instrument:
A) may be given orally.
B) must be given by returning the unpaid instrument with an attached stamp, ticket, or memorandum stating that the item was not paid.
C) must meet formal requirements to be effective.
D) All of these.
Correct Answer:
Verified
Q44: A check is dishonored if:
A) it is
Q46: Wanda makes a note payable to Henry
Q47: If a holder presents a note for
Q49: Kelly wrote a check to Trish,which Trish
Q54: Sarah has a checking account at First
Q55: Sarah has a checking account at First
Q61: Which of the following is a warranty
Q62: Thomas is the treasurer of Padgett,Inc.He has
Q63: How can drawers and indorsers disclaim liability
Q65: Discuss the effect of an unauthorized signature
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents