Which of the following is true about UCC Article 4A?
A) It is designed to overlap coverage of the Electronic Funds Transfer Act.
B) It covers both credit and debit transactions.
C) It covers wholesale funds transfers.
D) It does not allow parties to vary their rights and obligations by agreement.
Correct Answer:
Verified
Q41: Sue deposits in her account at First
Q42: A preauthorized electronic transfer from a consumer's
Q43: Helen deposits a $50 check in her
Q44: A payment order for a wholesale funds
Q45: Which of the following is correct with
Q47: If Margie makes out a check for
Q48: Which of the following is NOT a
Q49: On April 6, Ellen sends a check
Q50: A system for electronic funds transfers (EFT)
Q51: Which warranties does a collecting bank give?
A)
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