The bank on which a check is drawn is the depositary bank .
Correct Answer:
Verified
Q16: Even if a customer's negligence substantially contributes
Q17: If a check is dishonored for insufficient
Q18: When a bank wrongfully dishonors a check,
Q19: Whoever takes an instrument with a forged
Q20: The death of a customer automatically revokes
Q22: Because the speed of check-processing time is
Q23: Online payment systems are not yet among
Q24: Both stored-value cards and smart cards contain
Q25: If any part of a commercial electronic
Q26: A customer can refuse to accept a
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