A check is a special type of draft that is drawn on a bank, ordering the bank to pay a fixed amount of money on demand.
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Q6: If a bank wrongfully dishonors a cashier's
Q7: A stop-payment order is an order by
Q8: If a customer's debit card is lost
Q9: A bank may contractually shift to the
Q10: The bank is liable to the payee
Q13: In every situation involving a forged drawer's
Q14: Checks are usually three party instruments.
Q15: A bank may not charge a postdated
Q16: Even if the bank pays a check
Q21: Financial institutions that exchange digital images of
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