Talia, who is not a Urban Bank customer, attempts to cash a check drawn on the bank. The check is considered dishonored if Urban Bank

Question

Talia, who is not a Urban Bank customer, attempts to cash a check drawn on the bank. The check is considered dishonored if Urban Bank​

Quizplus · Accepted Answer

A check is considered dishonored if the bank refuses to pay it. This may happen if the check bounces due to insufficient funds, if the account has been closed, or if there is a stop payment order on the check, among other reasons. If Talia tries to cash a check drawn on Urban Bank and it is dishonored, she will not receive the funds and may be charged a fee by her own bank.

Talia, Who Is Not a Urban Bank Customer, Attempts to Cash