When there are insufficient funds in a drawer's account,and a check is presented to be honored,the bank can:
A)honor the check,and charge the customer on the next deposit.
B)return the check,and charge a penalty.
C)hold the check and payment,even if the holder suffers a loss against the drawer.
D)charge a fee to the holder in due course and to the drawer.

Question

Quizplus · Accepted Answer

If an account is overdrawn,the customer owes the bank the amount of the overdraft and the bank may take that amount out of the next deposit that the customer makes or from another account that the depositor maintains with the bank.

When There Are Insufficient Funds in a Drawer's Account,and a Check