Boston Bank receives one of their payable checks made to the order of the Same Sex Alliance organization of Massachusetts for $1,000.The check comes from a valid account and there are funds in that account to cover the check.The CEO of Boston Bank does not agree with the mission of the Same Sex Alliance and refuses to honor the check.Boston Bank is within its power as a bank to do this.

Question

Quizplus · Accepted Answer

When a bank receives a properly drawn and payable check on a person's account and there are sufficient funds to cover the check,the bank is under a duty to pay the check.

Boston Bank Receives One of Their Payable Checks Made to the Order