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In Case of Honoring Checks,a Bank

Question 37

Multiple Choice

In case of honoring checks,a bank:


A) is liable to the customer for damages the customer suffers,if a bank fails to honor a check because of a mistake on its part.
B) has a liability to the holder of the check,whether the check is certified or notified.
C) is not under a duty to honor all checks drawn by its customers in presence of sufficient funds in the customers' accounts.
D) cannot charge the customer's account if it creates an overdraft.

Correct Answer:

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