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Jamison Wrote a Check for $500 Drawn on Charter Bank

Question 30

Multiple Choice

Jamison wrote a check for $500 drawn on Charter Bank and gave it to Donalson. When Donalson presented the check for payment the bank dishonored it for insufficient funds. Donalson may sue:


A) Both Charter Bank and Jamison.
B) Jamison only.
C) Charter Bank only.
D) the Federal Reserve Bank.

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