If a check is dishonored for insufficient funds, the bank on which the check is drawn is liable to the payee or to the holder in a civil suit.
Correct Answer:
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Q12: With a joint checking account, the bank
Q13: The contractual rights and duties of the
Q14: To avoid liability for negligence, a customer
Q15: A check may fall under Uniform Commercial
Q16: Even if a customer's negligence substantially contributes
Q18: When a bank wrongfully dishonors a check,
Q19: Whoever takes an instrument with a forged
Q20: The death of a customer automatically revokes
Q21: The bank on which a check is
Q22: Because the speed of check-processing time is
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