Which of the following is an accurate description of wrongful dishonor of a check?
A) A bank refuses to honor a properly payable check when there are sufficient funds in the drawer's account.
B) A bank refuses to honor a certified check when it is presented for payment more than a year from its date of issue.
C) A bank refuses to honor a check which has been outstanding for only a few days more than six months from the date of issue.
D) A bank refuses to honor an ordinary check when it believes that the payee has altered the amount on the check.
Correct Answer:
Verified
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