Under Revised Article 4,a bank customer may encode its own checks,and if it does,the encoder warrants to any subsequent collecting bank and to the payor that information is properly encoded.
Correct Answer:
Verified
Q23: For how long is a written stop
Q25: Sylvia draws a check on ABC Bank
Q26: ABC Bank sent Joanne, a depositor, her
Q30: The Code imposes certain affirmative duties on
Q32: A payor bank is required to dishonor
Q38: Banks like electronic funds transfers because they
Q41: The Competitive Equality Banking Act:
A)allowed intermediary banks
Q44: A system for electronic funds transfers (EFT)
Q44: Sue deposits in her account at First
Q46: A check drawn on a bank is
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents