If a bank wrongfully dishonors a check,then it is:
A) liable to the drawer for damages
B) liable to the payee or holder for damages
C) liable to the drawee for damages
D) A and C only
E) A and B only
Correct Answer:
Verified
Q46: Which of the following is true about
Q47: Who can certify a check?
A) the drawee
B)
Q48: Which of the following statements is not
Q49: The main reason that someone would use
Q50: Which of the following statements is not
Q52: When a drawee bank is presented with
Q53: When a check is certified,which of the
Q54: What steps must a drawer take in
Q55: When a drawer makes out an incomplete
Q56: When a check is presented for payment
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