Allys writes a check to Beri on Allys' account at Community Bank. The bank dishonors the check even though Allys has sufficient funds in her account. The bank is liable to
A)Allys.
B)Beri.
C)the payee on Ally's next check.
D)no one.

Question

Quizplus · Accepted Answer

The bank is liable to Allys because it wrongfully dishonored the check despite Allys having sufficient funds in her account. This action can cause damage to Allys' reputation and financial standing, for which the bank is responsible.

Allys Writes a Check to Beri on Allys' Account at Community